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⟩ Explain What is the difference between "PickList Generic" and "PickList Hierarchical" Business components?

"PickList Generic" BC is used for Static Picklists. "PickList Hierarchical" is used for Hierarchical PickLists

"PickList Generic" BC and "PickList Hierarchical" BC are used for Static PickLists.

"PickList Generic" BC: This is used to store values which are not dependant on any other values.

"PickList Hierarchical" BC : This is used to select values based on the values selected from other field.

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