Using Dynamic Apex to retrieve Picklist Values

USECASE: Fetch the picklist values from Industry field of Account sObject.

List<SelectOption> options = new List<SelectOption>();

Schema.DescribeFieldResult fieldResult = Account.Industry.getDescribe();
List<Schema.PicklistEntry> picklistEntries = fieldResult.getPicklistValues();

for (Schema.PicklistEntry picklistEntry : picklistEntries) {
    options.add(new SelectOption(picklistEntry.getLabel(), picklistEntry.getValue()));
}

return options;

OR

List<SelectOption> options = new List<SelectOption>();

Map<String, Schema.SObjectField> fieldMap = Account.getSObjectType().getDescribe().fields.getMap();
List<Schema.PicklistEntry> picklistEntries = fieldMap.get('Industry').getDescribe().getPickListValues();

for (Schema.PicklistEntry picklistEntry : picklistEntries) {
    options.add(new SelectOption(picklistEntry.getLabel(), picklistEntry.getValue()));
}

return options;