Yes. You would seldom use vba to do so, though, assuming that you are
talking about a drop-down field in an online form. Use IF fields that test
for your drop-down result and give you the text you want.

If you are not talking about a form drop-down but want a true menu, you
could save your result texts as AutoText entries, give those entries names
that you want on your menu, and create a menu of the AutoText. Again,
without using vba. http://word.mvps.org/faqs/customization/AutoText.htm For
a middle ground - a drop down in the document but not using an online form,
you would use an AutoTextList field.
http://word.mvps.org/faqs/tblsfldsfms/AutoTextList.htm