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In this tutorial, the presenter from Productivity Central explains how to add drop-down menus in forms using SharePoint lists. The video emphasizes creating a new SharePoint list, referring to an existing inventory database. The process begins by navigating to the SharePoint home page, selecting the option to create a new list by clicking the plus sign on the left, and then choosing to create a blank list named "status." Once the list is created, the presenter demonstrates how to add entries to the newly formed SharePoint list. The tutorial is part of a broader series focused on practical solutions.