The new office premises did not have sufficient parking space and the project manager found that he could rent a nearby vacant plot in order to procure the necessary parking space for his team members. However, this vacant lot was much larger than required and renting only a part of the property was not an option given by its owner . The project manager then heard that another office in the vicinity was short of parking space too. He got it touch with a representative from that office and struck a deal to jointly rent the parking space. This resulted in cost savings for both his organization and the other organization. What type of risk did the manager face and what was his response strategy?

A. The manager faced a threat, which he successfully exploited. B. The manager faced an opportunity , which he shared. C. The manager faced an opportunity , which he accepted. D. The manager faced a threat which he successfully mitigated