i ■
I^ ieldcrest Aids; In Teaicliing Economies;
“rrn
^le Executive Game” is the name
3 group of teachers in the Salis-
“fy niihuv „„T 1
public school system is playing it
up on basic American econom-
fU ►-'«oxv Ck;uiiuiu
lijg ^,®'^ks to Fieldcrest’s North Caro-
^ "*'^'shing Company division.
W ^ ^ textile company teach-
®conomics to the teachers was the
“'•tgri
?«tti
owth of another school project-
■'ati
together a course in basic Amer-
SajT, ®^°’^o*riics for eighth-graders in
litinv junior high school,
Junior High.
j nign.
Eden, Fieldcrest’s
''een employment manager,' had
his** “The Executive Game” m
'he management trainees so
iof offered to set up classes
ed g ® teachers. Twenty-three respond-
evefy'^ are now meeting two hours
week for the eight-session
“rse.
I'h
Cotj,v,^„ program is sponsored by the
xo cu uy Liie
Pattig-^^ and there is no cost to the
cepj ^^Pants or to the school system ex-
Ptter
— VO VX &^SLt;ill ex-
°r materials. Instructors and com-
tOitip^^®^rvices are furnished by the
Th
Computer Gives Profit-Loss
'3ms
teachers are divided into seven
company. The commodity
aad they become executives of
J. T. Carter (left) and R. F. Bell, both
Reid Grimes, Mrs. Cleo Porter and Mrs.
of Fieldcrest, instruct (left to right) Mrs.
Vera Moore in playing “Executive Game”.
“O^y ^ . ilic LiUimiiUUiL^
tejf. to manufacture was toasters
hecisiQ given authority to make all
Aii P® of the imaginary corporation.
j decisions are made, the data
'he tg 3nto a Fieldcrest computer and
iiip _ finds out whether it is mak-
4^ ^ V./^ 1/ vv XI s... 1.11CX xU XO llXdXx—’
heading toward bank-
® object of the game is to avoid
?i'obt''^P^ay while making the highest
WI _ ^
\s Possible. All these corporate deal-
\^are by good management rules.
Participants go step by step through a
textbook. The company instructors help
them miake their decisions such as
forecasting their anticipated cost and
establishing a budget. Then they adjust
their errors from the computer analysis.
Women as well as men are taking
the course. They are teachers of special
education, language, English, math, sci
ence, typing and industrial arts. Four
are administrators.
“The Executive Game” is being made
a part of the In-Service program of the
^(^counts Receivable Unit Set Up
*®'dcrest’s newly-established
-^®oeivable Department was
fo move into its quarters in
^dvp AMP building on Stadium
Ac-
was
fh ®^'’'^'^day, December 12.
'^®P®^fment will employ approx-
Vg 30 people and is composed of
Sioj^®®'^fions: customer claims, col-
tjpg ® ^’'^d cash application.
® °fore, except for customer
f''6 V ®^counts receivable services
'3ctoj,.°®6n furnished by Fieldcrest’s
\ agency, John P. Maguire &
N 3 f’’ ® New York. Customer claims
?§ t)p of the General Account-
*teg Partment at the General Offices,
for
C""fnt;
January 1 until April 1 the
Receivable Department will
in testing programs and
j nijjv Lc&uiig piugiaiiiis ana
Personnel. During that period
fun a dual accounts receivable
- .. JLCkCiVClk.
with Maguire with April
. AVXdQ LXXX c W1 til xxj^l 11 1
date for the complete take-
the new department.
Pfber of people in the Data Pro-
cessing Department have been working
full-time for approximately six months
setting up programs for the Accounts
Receivable Department, which wiU it
self require five to six hours of compu
ter time per day when its begins regu
lar operations.
L. L. Mann, formerly manager-mill
accounting and budgets, is manager- ac
counts receivable and T. C. Robinson,
formerly a financial trainee, is manag
er-controls and planning.
H. G. Hodges, formerly supervisor-
mill accounting-Karastan, is manager
of collections and has been working
with Maguire in the collections area
since August 15. He will return to Eden
January 1 to take up his duties here.
L. D. Phelps, formerly of the General
Accounting Department, is supervisor-
customer claims. Marjorie Rush, who
was with the Fieldcrest Payroll Depart
ment for several years but more recently
was associated with M. Lowenstein &
Sons, Inc., in Rock Hill, S. C., is super-
visor-cash application.
school, a program designed to extend
the education of teachers. Application
to the N. C. Department of Education
for accreditation has been approved, so
the teachers can now receive certifi
cate of renewal credit through this pro
gram.
When the principal of Knox Junior
High asked the Chamber of Commerce’s
Industrial Council for help in putting
together the economics course, that body
responded with advice regarding cur
riculum and material, assistance in pro
curing material, providing speakers and
films, and making plant tours available.
Robert F. Bell, personnel manager for
the North Carolina Finishing Company
division, is a member of the Chamber’s
Industrial Council and in discussions of
the course for the eighth-graders, it was
brought out that a number of Knox
teachers wanted a better understanding
of economics, including the profit mo
tive and competition.
Competition Keen
Mr. Bell said he had been amazed at
the enthusiasm generated among those
taking the course. Competition between
those on the various teams was very
keen indeed. Because of the intense in
terest, those in charge feel the project
is highly worthwhile. And, of course, the
goal is being achieved. Those involved
are learning economics—considered by
some quite dry—and they are liking
it as they gain a better understanding
of a vital subject.
Textbooks and other materials for
“The Executive Game” and other ex
ecutive simulation games are available
from Richard D. Irwin Inc., Homewood,
111., and some other companies, Mr. Bell
said.
Ay.
DECEMBER 14, 1970