ACCA Performance Management (F5) Certification Practice Exam

Which of the following is NOT a benefit of Big Data?

1. Driving innovations

2. Improving productivity

3. Increasing regulation

4. Gaining competitive advantage

The correct answer is: Increasing regulation

The correct choice identifies an aspect that does not align with the typical advantages associated with Big Data. Driving innovations, improving productivity, and gaining competitive advantage are well-recognized benefits of leveraging Big Data. These benefits stem from the ability to analyze vast amounts of information, uncovering insights that can lead to new products, more efficient processes, and smarter business strategies. In contrast, increasing regulation is more of a challenge that can arise as companies use Big Data. Regulatory concerns often focus on privacy, data security, and the ethical use of information. As organizations adopt and utilize Big Data technologies, they may face stricter regulations to protect consumer data and ensure compliance with legal standards. Hence, this is not considered a benefit, but rather a potential burden that organizations must navigate as they capitalize on the capabilities of Big Data.