Select Text from a specific list in Pages.

I have a document that I use as a base template. In a spot of the document I need to insert or place a string of text that comes from a list of 12 different options. I do not want to have to type the text or open a different file and copy and paste the text, I want to know if there is a way that I simply click from the list and that text is what shows in the file so I can print it.

In word it looks like this:

I know that Pages is not a clone of Word, that is why I was asking if there is a way of having a feature like that one I am asking about. So the answer is, it does not, right?