All depends on what caliber of a parent it is. This parent sounds like a piece of shit.
Spankings worked for me when I was a kid. If I fucked up, I got my ass whipped, and I never did that shit again.
There weren't timeouts when I was a kid. It was a belt or a switch to the ass. My mom would yell. My dad wouldn't say a word. He'd just beat my ass. I preferred the spanking from dad, because it was over in a second. Mom wouldn't spank me, but she would fuss all damn day long.
I used to tell her, just whip me and be done with it.