[Action] Create entities to use as domain-based attributes [Related Topics] Domain-Based Attributes (Master Data Services) How to: Create a Domain-Based Attribute (Master Data Services) [Details] 
A domain-based attribute is an attribute with values that are populated by members from an entity. To create a domain-based attribute, first create the entity to populate the attribute value list. For example, you might create a Color entity to contain a master list of colors. These colors can then be used as attribute values for the Product entity.