Use Term Sets
Term sets are used primarily to populate the values in Managed Metadata columns in lists, libraries, and content types. The Managed Metadata column is new to SharePoint 2010 and is part of the feature set provided by the Managed Metadata Service. A Managed Metadata column provides users with choices derived from a single term set and supports multiselect values and user-defined values. The Managed Metadata column provides an alternative to the Choice column and the Lookup column by allowing users to pick values from a set of options. But, in this case, the values are selected from a term set that is managed independently from any of the columns.
NOTE Because Managed Metadata is a new type of column, it will not be recognized by ...
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