Question

In: Operations Management

Suppose that you are the manager of an accounts receivable unit in a large company. You...

Suppose that you are the manager of an accounts receivable unit in a large company. You are switching to a new system of billing and record-keeping and need to train your three supervisors and 28 employees in the new procedures. What training methods would you use? Why

Solutions

Expert Solution

Explanation:
Computer-based training (CBT)
Computer-based training is turning into more and more regularly occurring as technology turns into greater big and smooth to apply. Though traditional kinds of training are not in all likelihood to be replaced completely by using technological answers, they may maximum possibly been enhanced by using them. Human interaction will usually stay a key component of the place of business education. nevertheless, it is a superb idea to appearance greater closely at what training technologies ought to provide and how they are probably used to supplement present education applications or used while developing new ones.

On the job training

On the job training is given to employees at the place of work itself by using their superiors and executives. Managers need to sit down with their team individuals on an ordinary basis, teach them on new technologies, ability sets to assist them to deal with the modifications. In the process, training is given to personnel alongside their jobs and leads them to capable to deal with larger duties.

On the job training are imparted by way of any of the subsequent techniques:

Job Rotation - in this type of training, employees circulate from one position to another, as a consequence of obtaining new capabilities and mastering. process rotation acquaints individuals with newer roles and challenges and makes them capable of acting any type of assignment.

Coaching - coaching is also described as mastering by using doing and managing various ongoing projects. on this method of education, crew supervisor assigns positive activity duties to team contributors, video display units their overall performance, points out their errors, presents them feedbacks, and additionally guidelines for improvement.


Related Solutions

You are consulting with the manager of an Accounts Receivable department of a large manufacturing company....
You are consulting with the manager of an Accounts Receivable department of a large manufacturing company. The manager is concerned that some of the customer accounts are not being paid promptly under the current payment terms. The current payment terms specify 14 days for receipt of payment of all bills. Since the manager did not have any hard evidence, you suggested that the manager collect some data that could then be analyzed. Based on your advice, the manager collects a...
Suppose a company accepts a Note Receivable to settle a past due balance in Accounts Receivable....
Suppose a company accepts a Note Receivable to settle a past due balance in Accounts Receivable. How would the company record this transaction? Provide an example and related journal entry. *explain
Please pretend for a moment that you are the accounts receivable manager for JBX Industries, a...
Please pretend for a moment that you are the accounts receivable manager for JBX Industries, a local manufacturing company. JBX has the following issues as of 12/31/2017: 1. It is sitting on nearly $1 million in accounts receivable. 2. However, almost $100,000 of that amount is expected to be uncollectible. 3. JBX needs this cash to purchase additional raw materials for its future sales. What are some ways you could collect on these receivables? What kind of credit policies would...
In your new role as quality manager of high-tech unit of a large national company, you...
In your new role as quality manager of high-tech unit of a large national company, you identify a problem which is typified by the two internal memos shown below. Discuss in some detail the problems illustrated by this conflict, explaining how you would set about trying to make improvements. (You should discuss at least 2 problems) From: Marketing Director To: Managing Director C.C Production Manager Works Manager Date: 4 August We have recently carried out a customer survey to examine...
Suppose you are a brand manager for a large consumer products company (like P&G in Cincinnati),...
Suppose you are a brand manager for a large consumer products company (like P&G in Cincinnati), and your career is in big trouble ... during your last assignment, your team proposed a new dish detergent that tends to dissolve silver and eat holes in fine china. You are given a last-chance assignment in the company's food products division, so you need a big score with the next set of products. The main problem is that these products are convenience foods...
You are the nurse manager on a large unit that has 14 FTE RNs on staff,...
You are the nurse manager on a large unit that has 14 FTE RNs on staff, 25 FTE LPNs, and 15 FTE nursing aides, orderlies, and clerks. The schedule for the next 2 months is due in administration by next week, and you are beginning to work on it. Various requests have been submitted by personnel for vacations, educational conferences, time to attend a wedding, and long weekends, and a request from one nurse asks not to be rotated to...
You are auditing Accounts Receivable of HUSKY Corp. as of December 31, 2013. The Accounts Receivable...
You are auditing Accounts Receivable of HUSKY Corp. as of December 31, 2013. The Accounts Receivable general ledger balance is $4,263,919.52. Access the textbook's resources on the Cengage website. The files are labeled "HUSKY Unpaid Invoices 2013" (the 12/31/2013, unpaid invoices), "HUSKY Shipping File 2013" (contains the shipment numbers and shipment dates for those invoices), and "HUSKY Credit Limit 2013" (contains each customer's credit limit). Sales are made FOB shipping point. The auditor has verified that the last shipment in...
Estimating Uncollectible Accounts and Reporting Accounts Receivable Collins Company analyzes its accounts receivable at December 31,...
Estimating Uncollectible Accounts and Reporting Accounts Receivable Collins Company analyzes its accounts receivable at December 31, and arrives at the aged categories below along with the percentages that are estimated as uncollectible. Age Group Accounts Receivable Estimated Loss % 0-30 days past due $110,000 1% 31-60 days past due 40,000 2 61-120 days past due 27,000 5 121-180 days past due 14,000 10 Over 180 days past due 9,000 25 Total accounts receivable $200,000 The balance of the allowance for...
​(Pro forma accounts receivable balance calculation​) The accounts receivable for Pastors Brewing Company on March ​...
​(Pro forma accounts receivable balance calculation​) The accounts receivable for Pastors Brewing Company on March ​ 31, 2016 was ​$23,000. Firm sales are roughly evenly split between credit and cash​ sales, with 40 percent of the credit sales collected in the month after the sale and the remainder 2 months after the sale. Historical and projected sales for the brewing company are given​ here: MONTH SALES MONTH SALES         January ​$19,000 March ​$31,000       February ​$25,000 April​ (projected) ​$35,000       . a. Under...
Braskem S.A., a large Brazilian petrochemical company, reported a balance R$1,594.9 million in Accounts Receivable at...
Braskem S.A., a large Brazilian petrochemical company, reported a balance R$1,594.9 million in Accounts Receivable at the beginning of 2013 and R$1,497.0 million at the end of 2013. Its income statement reported total sales revenue of R$12,134.5 million at the end of 2013. Braskem applies IFRS and reports its results in thousands of reals (R$), the Brazilian currency. Assuming that Braskem makes all sales on account, present journal entries that account for all changes in accounts receivable during 2013
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT