You might want to modify the shortcut properties of a tool in the Toolbar Utility. For example, you might want to rename a tool to include the program version number. Or, you might have accepted the default name while creating the shortcut, and you want to change it from the name of the executable file to something more descriptive.
Modifying the properties of a shortcut in the Toolbar Utility is much like changing the properties for a desktop shortcut. Both use the same Properties dialog box.