are referred to as _________.Select one:a. make-to-stock processesb. procure-to-pay processesc. make-to-order processesd. order-to-cash processes

The correct option depends on the context of the question regarding which processes are being referred to. Here's a brief explanation of each option to help clarify:

1. Make-to-stock processes: These processes involve producing goods based on expected customer demand, allowing for immediate availability.

2. Procure-to-pay processes: This refers to the process of acquiring goods or services and managing the payments involved.

3. Make-to-order processes: These are processes in which products are manufactured only after an order is received, thus custom-tailoring the products to customer specifications.

4. Order-to-cash processes: This encompasses all activities involved from receiving a customer order to collecting cash for that order.

To select the appropriate answer:

• If the processes are about fulfilling customer demand based on inventory, the answer would likely be a. make-to-stock processes.
• If the focus is on obtaining goods and managing payments, the answer would be b. procure-to-pay processes.
• If it emphasizes customization and production upon receipt of an order, select c. make-to-order processes.
• If the term relates to the overall order fulfillment to payment collection, choose d. order-to-cash processes.

Please choose the option that best aligns with the specific context of the question.