Section: Volume D

Explanation/Reference:
Explanation:
Exploit response is one of the strategies to negate risks or threats that appear in a project. This strategy may be selected for risks with positive impacts where the organization wishes to ensure that the opportunity is realized. Exploiting a risk event provides opportunities for positive impact on a project.
Assigning more talented resources to the project to reduce the time to completion is an example of exploit response.
Incorrect Answers:
A: The enhance strategy closely watches the probability or impact of the risk event to assure that the organization realizes the benefits. The primary point of this strategy is to attempt to increase the probability and/or impact of positive C: Risk acceptance means that no action is taken relative to a particular risk; loss is accepted if it occurs.
D: The share strategy is similar as transfer because in this a portion of the risk is shared with an external organization or another internal entity.

Explanation/Reference:
Explanation:
Assets are the economic resources owned by business or company. Anything tangible or intangible that one possesses, usually considered as applicable to the payment of one's debts, is considered an asset. An asset can also be defined as a resource, process, product, computing infrastructure, and so forth that an organization has determined must be protected.
Tangible asset: Tangible are those assets that has physical attributes and can be detected with the senses, e.g., people, infrastructure, and finances.
Intangible asset: Intangible are those assets that has no physical attributes and cannot be detected with the senses, e.g., information, reputation and customer trust.