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Best practice - changing drop down values help please!

Question asked by kristina Stewart on Oct 8, 2015
Latest reply on Oct 11, 2015 by kristina Stewart
I am running Sugar Professional 

My organisation has moved to SAP which has included a change of sales region terminology from Territory to Sales Office.

I have a field names "Territory" across many modules of our SugarCRM instance.  They use the same dropdown (Territory Manager list). 

What is best practise for changing all the Territory fields?  

Option 1: Edit the labels in the existing Territory Manager List, change the Field label from Territory to Sales Office in each module. Easy fix?
Option 2: Create a new dropdown, new "Sales Office" fields for each module where there was "Territory" field and mass update all records. 

Obviously looking for the most efficient, accurate solution that doesn't compromise best practise.