Network Adapters

For the connection there's a drop down menu with options of Dynamic, Home/Office, and Public. On the bottom there are the same options. What difference does the selection of the drop down connection type make vs the ones on the bottom? ie. setting the drop down one to Dynamic and setting the ones on the bottom to Home/Offfice. I would think they should be the same and there would only really need to be one setting not two.

I'm confused why there's two connection settings with the same options. Can someone explain this?