Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.
Identify the missing word in the following sentence. The risk response type [ ? ] can be used to respond to a threat and an opportunity.
The missing word should be 'Share.' The response type 'Share' can be used to address both threats and opportunities. For threats, sharing involves allocating part of the risk to another party. For opportunities, sharing also involves partnering with another party to maximize the potential benefit.
Both C - Share and D - Transfer can be used to response to a threat or an opportunity.