Making a copy of a shared file allows users to add them while creating folders under My Drive for easier access. Since a copy of the shared file is only a duplicate of the original file, changes made to the copy will not apply to the original file. Follow the instructions below to create a copy of a shared file.
Right click on the file you want to copy in Shared with me. A context menu will appear.
Click on Make a copy.A copy of the file will be created in My Drive titled "Copy of (title of original file).
A pop-up menu will appear. Click on Locate to redirect to the copied file in My Drive.
The copied file can now be renamed and moved to different folders.