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TO BE DATA LITERATE

1.1 Be Data Literate-Know What to Know by Peter Drucker Question 1.1 What does Drucker mean when he says: “be data literate?” Answer 1.1 What Drucker means to say when he says “to be data literate” I that we, as managers, need to understand what information we need, how to obtain that information and what to do with it once we have it. It also implies that we must know how to manipulate the raw information into a comprehensive and well organized format to be able to demonstrate our information to the audience for which it is intended. 1.2 Cost /Management Accounting: The Twenty-first Century Paradigm by William L.


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