Final answer:
A multi-functional enzyme catalyzes multiple reactions from the same substrate, leading to various alternative products (option a).
Step-by-step explanation:
The enzyme that catalyzes multiple reactions from the same substrate, leading to the formation of different alternative products, is referred to as a multi-functional enzyme. This type of enzyme showcases the versatility in enzymatic activity as one molecule can facilitate various biochemical transformations. Enzymes are generally specific for the substrates they act on, and typically, they facilitate specific types of chemical reactions such as hydrolysis, oxidation, or isomerization. However, multi-functional enzymes can carry out more than one type of reaction on a substrate, which is a distinct characteristic compared to enzymes that have a single, specific function.
Hence, the answer is option a.