Which risk response type is appropriate to respond to an opportunity?
Which risk response type is appropriate to respond to an opportunity?
The appropriate risk response type to respond to an opportunity is to exploit. Exploiting an opportunity involves taking proactive steps to ensure that the opportunity is realized and its benefits are fully captured. This response type is designed to maximize the probability of the opportunity happening.
Responses to Opportunities The responses to opportunities are: Share, Exploit, Enhance and Reject.