Why do you think management by data will, ultimately, be a good thing

QUESTION

Why do you think management by data will, ultimately, be a good thing for all corporations?

What will be an ideal response?

ANSWER

Answer: Just as competition is good for a free market economy, so too is the new trend of management by data. As companies try to keep ahead of their rivals by collecting more information and managing it better, the end result will be many or all companies that are better informed and better managed.
Explanation: In management by data, firms try to stay ahead of their rivals by collecting more information and managing it better. This, if done on a large-scale, will most likely result in all firms being better informed and better managed because key business decisions will be made according to real information.