Final answer:
Enhancing a risk is not about eliminating uncertainty; it is about increasing the potential of a positive event. Risk mitigation, not enhancement, deals with reducing the impact of threats. Asymmetric risk management involves aligning plans according to the perceived reality of threats.
Step-by-step explanation:
Option 2: False. The statement that enhancing a risk is a tactic that seeks to eliminate the uncertainty associated with an opportunity to ensure that it definitely happens is incorrect. In risk management, enhancing a risk does not aim to eliminate uncertainty; rather, it involves increasing the likelihood or impact of a positive event or opportunity. By contrast, risk mitigation is a strategy employed to reduce the negative impacts of potential threats, such as taking insurance against low-probability but catastrophic events.
Asymmetric risk strategies focus on managing opportunities and threats with disproportionate consequences, aligning plans (Plan A or Plan B) accordingly to the perceived reality of threats. To reduce the risk of imperfect information affecting decisions, one could gather more data, invest in research, or seek expert opinions, which could then influence price, quantity, and quality in markets.