Exploit = (verb) 1- make full use of and derive benefit from (a resource).

• We should exploit our scarce resources in the most scientific way.
• The company should try to exploit the new technology for growth and expansion.
• The government should adopt ways and means to exploit the untapped natural resources.

(2)  use selfishly for one’s own profits  , make use of (a situation) in an unfair way.

• Some companies are trying to exploit child labour ruthlessly.
• They exploit the situation through legal loophole.
• They are exploiting the migrant labourers without providing them with the shelter as agreed by the contract.

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Exploit = (noun) bold and adventurous act. something unusual , brave or funny that someone has done.

• They were telling us about their exploits while travelling around Africa.
• The exploits of Alexander the Great.
• He was narrating his wartime exploits to the villagers after his retirement.
• There were a series of colourful exploits in the circus tent.

Note:- For verb, the stress on the second syllable and for noun on the first syllable.