In the Object Settings window you can change the properties and options for the selected objects.
In the Transformation Section you can change Position, Rotation and Objects Scale.
Visible - Object will be rendered in 3D
Selectable - Object can be selected in 3D
Locked - Object cannot be changed in 3D
Name - Change the Objects name
The Advanced Settings Window allows you to change extended properties of each object. This is for advanced users only.