ACCA Performance Management (F5) Certification Practice Exam

Which of the following traits describes how quickly Big Data can change?

1. Stability

2. Speed

3. Velocity

4. Flexibility

The correct answer is: Velocity

In the context of Big Data, the trait that best describes how quickly data can change is velocity. Velocity refers to the speed at which data is generated, processed, and analyzed. With the explosive growth of data sources—such as social media, IoT devices, and digital transactions—data flows in at an unprecedented pace. This rapid influx of data necessitates quick responses from organizations to adapt and make timely decisions. Understanding velocity is crucial for businesses aiming to leverage real-time analytics to gain competitive advantages. Organizations need to process data almost instantaneously to derive actionable insights, making it essential to focus on the velocity of data in their strategies. Other traits like stability, speed, and flexibility do not encapsulate the essence of how fast data can change in the context of Big Data as effectively as velocity does. Stability implies consistency or reliability over time, speed can refer to the quickness of processing but does not capture the dynamic nature of changing data, and flexibility suggests adaptability rather than the pace of change. Therefore, velocity is the most appropriate choice for describing the rapid change characteristic inherent in Big Data.