How many risk responses are available for a positive risk event?

The correct answer is based on the understanding that there are typically four primary risk responses available when dealing with positive risk events, also known as opportunities. These options include:

1. Enhance - This response involves taking steps to increase the likelihood of the opportunity occurring or maximizing its impact, essentially investing resources to optimize the positive outcome.

2. Exploit - This strategy focuses on guaranteeing that the opportunity is realized by eliminating uncertainty around it, ensuring that the benefit is fully secured.

3. Share - In this approach, the organization collaborates with third parties to share the benefits of the opportunity, effectively distributing the risk and its potential benefits.

4. Accept - Acceptance means recognizing the potential positive impact of the opportunity but choosing not to take immediate action, allowing the situation to play out while monitoring it for any changes.

These four responses reflect an organization's proactive approach to managing positive risks, ensuring that potential positive outcomes are maximized and properly integrated into strategic planning. Other options in the question may not accurately represent the commonly accepted number of responses for positive risks in the governance, risk management, and compliance context.