So here is the scenario I ran into. I created a Global Term set in my Managed Metadata Service in SharePoint 2010. When I went to create a site column that would consume that managed term, I got the following error:
“The required feature is not enabled for this Content Type.”
It turns out, there is another piece that was hidden to me, but that is simple to fix:
Open a Cmd Prompt and run the following:
STSADM -o activatefeature -id 73EF14B1-13A9-416B-A9B5-ECECA2B0604C -url http://sitecollection –force
Then it worked like a charm.