Ob, Arctic Minings Consultants, Case Study - 2421 Words

ARCTIC MINING CONSULTANTS Case Synopsis Arctic Mining Consultants is a mining company that deals with mineral exploration. In this case study, the project given is staking 15 claims in Eagle Lake, Alaska. The project Manager was Tom Parker, who has a wide experience and specialized knowledge in all nontechnical aspects of mineral exploration. He is a geological field technician and field coordinator for Arctic Mining Consultants. He assigned his previous field assistants John Talbot, Greg Boyce and Brian Millar to help him complete the project. The job required them to stake at least 7 lengths each day in order to be completed on time. However, the whole team has became very tense and agitated, especially Tom Parker, as the deadline was†¦show more content†¦A leader should not only responsible to make sure that any tasks given completed on time, but also to make sure the employees are satisfied and well-motivated. As in this case, obviously that Parker was not good as a leader. Even he has specialized knowledge an d wide experience in the field, he failed to manage his team well. Physically Parker was a good worker as he can develop a good plan and perform better than the others even he was the eldest among them. However, psychologically he failed to understand his employees ¶ problems and needs which then caused some conflicts between them. b) The Motivation - Motivation is the force that makes people does things: this is a result individual needs being satisfied (or met) so that people would have inspiration to complete the task. These needs vary from person to person as everybody has their individual needs to motivate themselves. Depending on how motivated peoples are, it may further determine the effort they put into their work and therefore increase the standard of the output. We identified that in the case, the only thing motivated the crew to continue the task was the $300 bonus. If not because of that, they won’t trouble their self with the long-hours heavy work. However, the other factors around them have made them be less motivated to work. The main factor was Parker. The way he behaved and treated his team makesShow MoreRelatedArtic Mining Consultant1595 Words   |  7 PagesAssignment – Case Study Report Assignment Overview The purpose of the case study report is to help you bridge theoretical and practical applications of organisational behaviour topics, while also helping you build important written communication and problem-solving skills. Analysing a case study allows you to simulate some of the complexities and ambiguities that are present in real organisational problems and consider practical and evidence-based solutions. You will analyse the events in a case study

Financial Ratio Analysis of two companies - 3083 Words

FINANCIAL RATIO ANALYSIS Table of Contents3 Abstract4 Introduction4 Memorandum4 Profitability of Sample Company5 Sample Company ROI for 20005 Sample Company ROI for 20015 Stock Performance6 Activity of Sample Company7 Leverage of Sample Company7 Liquidity of Sample Company7 What Is Necessary to Assess the Company?8 What Ratios Have the Most Value?10 What Other Factors, Beyond Ratios, Need To Be Considered?10 How Would Your Assessment Criteria Change If The Company In a Different Industry12 Changes in Assessment Method12 Conclusion13 References14 Appendix A - Sample Companys Financial Statements from 1999 - 200115 Appendix B - Financial Ratio Analysis of Sample Company19 Abstract This research paper will evaluate†¦show more content†¦In the short term, this would be a good trend, but if it continues, it could be a sign that Sample Company is not keeping a big investment in assets, because not that as the denominator in this ROI calculation, a low asset figure can be used to help drive up the overall result. Meaning that if this trend continues, it may be an indication of increased operations rather than improvement in asset efficiency. Stock Performance The common stock value increased 54.8%, from $42/share to $65/share, between 2000 and 2001. This is an indicate that the market likes what it sees in the performance and the management of Sample Company. In addition, it paid 1.2% in dividends for the past two years. Another key indicator, the Price to Earnings Ratio, fell from 12.0 to 10.7. This is not enough to be alarming. In fact, some investors, myself included, feel that lower Price to Earnings Ratios are not necessarily a good thing. The reason being that if a company is struggling to pay out large earnings per share, to make the denominator in the P/E equation large enough to keep the P/E ratio low, then often such financial pressures can take the attention of the management away from the companys operations and other important issues, like surviving as a going concern in a tough business climate. Activity of Sample Company The activity ratios measure the companys management of asset levels and sales (Marshall, 2002). Between 2000 and 2001, Sample CompanyShow MoreRelatedFinancial Ratio Analysis in a Company859 Words   |  3 Pagesto Olowe (1997), Financial Ratio Analysis is the relationship between the performance of a company and the monetary data in the financial statements to assist the economic conditions. Financial ratio was defined by Robert (1994) as two financial variables being used that have been taken from either the income statement or from the balance sheet. 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Most companiesRead MoreUsefulness And Limitations Of Financial Ratios1510 Words   |  7 Pageslimitations of financial ratios in evaluating the performance and management of companies Ratio analysis is used to describe the important relationship that lies between figures based on line items in financial statements like the balance sheet, profit and loss account, and a budgetary control organization. Ratio analysis is a technique of analysis and interpretation of financial statements. It helps in evaluating the financial position and performance of the firm, ratio analysis also allows firmsRead MoreRatio and Financial Ratio Analyisis1712 Words   |  7 PagesRatio and Financial Statements Analysis Kimberly Y. Gruber University of Maryland University College Dr. Sunando Sengupta 07/25/2013 Turnitin Score: 23% Executive Summary The purpose of this paper is to examine ratio and financial statement analysis. 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Decision and Process of Playdough Company †MyAssignmenthelp.com

Question: Discuss about the Decision and Process of Playdough Company. Answer: Introduction: The decision by Playdough Company to make the canisters internally or to purchase them externally from the Canister Company is what is commonly referred to as make or buy decision in management accounting (Garrison, Noreen, Chesley, and Carrol, 2000, p.422). This decision can also be thought of as outsourcing. The decision is based on the identified relevant costs and benefits. This is often achieved by using relevant-costing approach and activity-based costing (ABC) system. Relevant Cost Approach. In order to make this decision, Playdough needs to take into consideration the relevant costs. According to Williams, Haka, and Bettner (2008, p.327), the value of the relevant costs is determined by the level of activity or the type of alternative activities being undertaken by the company. It is important that the company identifies the relevant costs and benefits for two reasons. Firstly, the process of acquiring, interpreting, and presenting information is often time-consuming and costly, by only paying attention to the relevant data; the accountant can simplify and reduce the time spent. Secondly, it has been established that people only effectively make use of limited information; compilation of large amounts of data reduces the level and quality of decision-making (Hilton and Platt, 2014, p.592). The most common relevant costs are sunk costs and differential cost. Sunk costs are those that have already been incurred by the company and cannot be changed by any current and/ or future actions of the company (Garrison et al., 2000, p. 443). In this analysis sunk costs are not relevant given that the company has started operations. The second categories of costs are differential costs which can also be thought of as avoidable, relevant, and/or incremental costs (Garrison et al., 2000, p. 444). Differential costs are variation in costs arising from two alternative decisions (Accounting for Management Organisation n.d.). In the case of Playdough, the differential costs are the only relevant costs. In the differential cost analysis approach a summary of the benefits of one alternative relative to another alternative is given. Playdough Company has the choice to make or purchase the canisters. When making this decision, the company will take into consideration the costs that would be saved by outsourcing the production relative to the cost of purchasing the canisters. The company would be able to save variable costs and some overhead costs by outsourcing the production. The computations are given as follows Item Cost Direct materials $ 300,000.00 Direct labour $ 180,000.00 Variable overhead $ 120,000.00 Fixed overhead: Supervisor Salaries $80,000 Machinery Depreciation $28,000 $ 108,000.00 Total Cost Saved By Outsourcing $ 708,000.00 Cost of Purchasing the Canister = $1 per canister x 760,000 canister = $ 760, 000 The cost spent to purchase the canisters is $ 760,000 while the costs saved is $ 708,000. This indicates that the amount spent on purchasing the canister rather than producing them in-house would be $ 42,000 more. It can thus be concluded that it is more beneficial to make the canister than to buy. Thus the offer is rejected. Activity Based Cost Analysis Approach. This approach was developed by Johnson and Kaplan in 1987 as a solution to the process of determining the costs and factors that bring about indirect costs (Moisello, 2012, p. 1). The specific aim was to provide a direct relationship between products and their associated costs. In the activity based cost (ABC) analysis the production costs are assumed to arise from the performance of activities which results in the production of goods and services that are sold. The ABC process is divided into two stages. Firstly, the costs are associated to the activities and secondly, the costs are then correlated to the products. The advantage of using the ABC approach is that the utilisation of resources in not only analysed in relation to the quantity of production, but also in relations to the activities associated with production in the organisation. Similar to the approach employed by Hilton and Platt (2014, pp 610-611), the activities at Playdough can be broken down into two stages. The first stage involves identifying the unit level also known as the batch level. The second stage consists of identifying the costs drivers associated with each unit. In the analysis using relevant costing approach only the supervisor salary and machinery depreciation were taken into consideration as the fixed costs to be avoided from external sourcing. However, there are other fixed costs associated with the production of canisters including electricity, oil and lubricants, inspection, administrative staff, maintenance, product development, plant depreciation, and set up costs. These costs are indirect fixed costs and as such should be allocated to the fixed cost of producing canisters. Assuming that the indirect unit level fixed costs associated with the production of the canisters were $300,000 then the cost saved by outsourcing would be Item Cost Direct materials $ 300,000.00 Direct labour $ 180,000.00 Variable overhead $ 120,000.00 Fixed overhead $ 300,000.00 Total Cost Saved By Outsourcing $ 900, 000.00 The cost saved by outsourcing is $900,000 while the cost incurred in purchasing the canisters is $ 760,000 a difference of $140,000. Using the ABC approach the offer is accepted. The relevant analysis and the ABC analysis have reached different conclusions. However, it should be noted that both approaches identified the relevant costs as those that would be avoided by purchasing the canisters. According to Holt and Platt (2014, p.611), the consideration of the avoidable costs is valid with the only difference between both approaches being the better capability of the ABC approach to specifically recognise the avoidable costs associated with the process of production. In conclusion, both approaches are valid, however, ABC is more superior at identifying avoidable costs. Therefore, the company should purchase the canisters. Manufacturers are sometimes confronted with the decision of whether to sell a product at the stipulated full price or at a discounted rate. When making such decisions, the manufacturer has to take into consideration all the benefits and costs Revenue Sale of Canisters (760,000 * $ 2.20) $ 1,672,000.00 Cost Direct materials $ 300,000.00 Direct labour 12000 hrs at $15 per hr $ 180,000.00 Variable overhead $10 per direct labour hr $ 120,000.00 Fixed overhead $45 per direct labour hr $ 540,000.00 Total cost $ 1,140,000.00 Profits $ 532,000.00 Profit per canister = $532,000/ 760,000 = $ 0.70 per canister If the canisters are sold at $1.40 rather than $2.20 the amount received by the company would reduce by $ 0.80. This suggests that the offer should be rejected. The decision can also be made using the break-even analysis. At the break-even level, the cost of production per unit is equal to the sale price per unit (Arsham, 2015). Simply put at the break-even point, the profit is zero. However, the company is able to recover the associated costs of manufacturing the items. The cost of producing a canister is $ 1.50, selling at $ 1.40 would result in a deficit of $ 0.10. The company would not be able to break-even as such the offer should be rejected. Other Considerations in Special Offer In situations where the company has extra capacity, the accountant needs to reconsider the incremental costs (Heisinger and Hoyle, 2017). Incremental costs are those that are incurred when the special order is accepted (University of North Florida, 2015). The variable costs of production are also taken into consideration as they are incremental and have a negative effect on profitability. There are no variable costs savings associated with special offers. Incremental benefits are also taken into consideration. They are mostly revenues that arise from the extra revenue earned from the special offer (University of North Florida, 2015). In this situation, Playdough has the capacity to produce the additional units thus the revenue from the additional sales will increase income. The costs that are not affected by the special order decision are not taken into consideration when making computation (Atrill and Mclaney, 2013, p.331). These costs are mostly fixed costs which are recurring expenses that remain irrespective whether the special order is accepted. In this situation, the contribution of the special offer will be taken into consideration. The contribution is calculated as follows Item Cost Direct materials $ 300,000.00 Direct labour 12000 hrs at $15 per hr $ 180,000.00 Variable overhead $10 per direct labour hr $ 120,000.00 Total Direct Cost $ 600,000.00 Direct Cost per Canister = $ 600,000 / 760,000 canisters = $ 0.79 per canister Contribution when canister is sold at the special offer price = $ 1.40 $ 0.79 = $0.61 The profit from selling to the outside company = $ 0.61 x 22,000 = $ 13,420 The second analysis indicates that the special offer would result in a profit of $ 13,240. The profits would be used to increase the profit level of Playdough and could be used to pay off some of the fixed costs. Since Playdough has the extra capacity, the optimal decision in this situation would be to accept the special offer. The basic consideration on whether to manufacture the coffee cups is the resultant profit margin. The profit margins are calculated as follows Item Cost Direct material $0.6 Direct labour $0.2 Variable overhead $0.1 Fixed overhead $0.15 Total Costs Per Cup $1.05 The profit margin = Sales price total manufacturing cost per cup = 1.20 1.05 = $ 0.05 This suggests that the company should make the cups. (i) Allocated over heads: The common fixed costs need to be taken into consideration. Common fixed costs refer to overheads that support the manufacturing activities of more than one segment of the business organisation (Hilton and Platt, 2014, p.600). These costs are not partially or wholly avoidable by doing away with a given part of the production process. For example, the wages of the companys CEO would not be reduced or eliminated if any of the product lines were discontinued. The process of costing the fixed overheads to a particular product line or business unit is what is referred to as the allocation of overheads (Porter and Norton, 2013, p. 213). The common fixed costs for Playdough Company is the difference between the total fixed costs and the costs associated with the manufacture of canisters ($ 80,000 for Supervisor and $28,000 for machinery depreciation) Common Fixed Cost = $ 540, 000 -$ 80,000 -$2 8,000 = $ 432,000 Total Units Produced= 760,000 units +400,000 units = 1,160, 000 units Common fixed cost per unit = $ 432,000 / 1,160,000 units = $0.37 per unit Allocating the common fixed cost = $0.05 per unit - $ 0.37 per unit = ($ 0.32) When the common fixed costs are allocated to the production of coffee cups the margins are found to be negative. This suggests that the coffee cups should not be produced. However, according to Garrison et al., (2000, p. 454) such a decision would be falling into the trap of fully allocated costs. This is because the coffee cups are able to cater for all the costs associated with their production (traceable fixed costs). The production of the coffee cups results in a profit margin of = $ 0.05 x 400,000 = $20,000 Thus unless the company can come up with an alternative product line to generate more than $20,000 segment margin, then the company would be better off manufacturing the coffee cups. By producing the coffee cups, the companys cumulative net operating income will be higher than if the product line were dropped. Conclusion The main use of managerial accounting is that it provides relevant information needed for decision making in the organisation. By undertaking critical analysis using different approaches and methodologies, Playdough Company can determine the best course of actions. References Accounting for Management Organisation (n.d.) Differential, opportunity and sunk costs. Available at https://www.accountingformanagement.org/differential-opportunity-and-sunk-costs/ (Accessed: 30 August 2017). Arsham, P., 2015. Break even analysis and forecasting. Available at https://home.ubalt.edu/ntsbarsh/Business-stat/otherapplets/BreakEven.htm (Accessed: 30 August 201). Atrill, P., and Mclaney, E., 2013. Financial accounting for decision making (7th ed. ). New York: Pearson. Garrison, R., Noreen, E., Chesley, G., and Carrol, R., 2000. Managerial Accounting: Concepts for planning, control, and decision making (4th ed.). New York: Mc-Graw-Hill Ryerson. Heisinger, K., and Hoyle, J., 2017. Special order decisions. Flat world. Available at https://catalog.flatworldknowledge.com/bookhub/reader/4402?e=heisinger_1.0-ch07_s02 (Accessed: 31 August 2017). Hilton, R., and Platt, D., 2014. Managerial Accounting: Creating value in a dynamic business environment (10th ed.). New York: McGraw-Hill. Moisello, A., 2012. Costing for decision making: Activity based costing vs. theory of constraints. The International Journal of Knowledge, Culture, and Change Management, 12, pp. 1-12. Porter, G., and Norton, C., 2013. Financial accounting: The impact on decision making (8th ed.). Ohio: South-western, Cengage Learning. Williams, J., Haka, S., and Bettner, S., 2005. Financial and managerial accounting: The basis of business decision. Boston: McGraw-Hill. University of North Florida, 2015. Special order decision. Available at https://www.unf.edu/~dtanner/dtch/dt_ch20.htm (Accessed: 31 August 2017).

Internet Addiction in Modern Society

Today, the internet has become the biggest source of information in the whole world thanks to the advancing technology (Green 52). Any kind of information concerning anything in this world can be found there. Therefore, many people have sought to improve their knowledge, skills, and abilities about the internet in order to be in a better position to benefit from it. As a result, the world has since become just like a small global village whereby people can communicate from any corner of the world in seconds. Advertising We will write a custom report sample on Internet Addiction in Modern Society specifically for you for only $16.05 $11/page Learn More People have also been able to acquire education without having to step in a lecture hall (Tomei 71). It is no longer the time when students had to travel from one continent to another in search of the best institutions of higher learning. These institutions have been brought right in their homes and that ha s cut them all that cost of having to travel and live in a foreign country. Never the less, everything good has its negative side, the emergency of the internet has come with its own ills. A lot of work that was done manually is now being done through the internet (Tomei 73). Students need not walk to classrooms; there are no longer messengers to post or deliver written messages from one office to another. The physical activity that was there is no longer in existence and hence people have become lazy. This is not healthy for the body as people end up developing health complications because of lack of exercise. On top of that, children have been exposed to sources of misleading information. Pornography sites are common sites that are visited by many young people and as a result, they end up learning a lot that can spoil their lives (Green 53). The biggest problem of all is the fact that many people have become addicted with the internet. People in KSA spend most part of the day on line staring on the screen and that has greatly affected other useful activities that used to be carried out there before. There are various reasons that have caused people in KSA to get addicted in the internet. Having a good connection of internet wiring is one great cause of internet addiction (Green 55). Without the wiring, people would not be in a position to access the internet services. Therefore the fact that the government does a lot in ensuring that people get connected, increases their chances of being addicted. There is also increased speed in the use of the internet, which enables people to get any kind of information or entertainment that they may want in a very short time (Kutais 100). If people had to wait for a long periods before accessing what they want in the internet, then perhaps they would lose interest and find better things to do.Advertising Looking for report on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn M ore It is no longer the time that entertainment could only be found in the televisions, newspapers, and magazine. The internet has created a more efficient source of entertainment, which creates a mental stimulation just like in a television (Kutais 100). Continuous exposure to the television has made people too much addicted to some programs and thus their minds are always tuned there. This number of people has since reduced because people have found a more appealing source of entertainment in the internet. There is always that urge to get online and chat with friends, watch movies, play games among other things. The most visited sites in the internet are social sites like face book and twitter. People can now get to know others and make friends on the social cites while others go ahead and get married. Good internet connectivity coupled with the fact that the cost of using the internet is very cheap make people to spent countless hours in the internet (Green 56). There have bee n countless cases of people neglecting their duties even starving children with hunger not because there is no food but simply because they cannot get themselves off the damn internet. By paying a very little amount of money, one can be able to stay glued to the screen for a very long time. Suppose the charges for accessing internet services could be raised, perhaps the number of internet addicts could decline. The internet services can be accessed not only in the computers but also on mobile phones. Social network addicts are on the increase because even in the absence of the computer or the cyber cafà ©, they can easily chat with friends through their mobile phones (Kutais 103). The number of hours people spend on sleep has tremendously declined. A person may need to sleep and even go to bed but fail to do it immediately because of the urge to view other people’s status, to update one’s own and the like. This has been made simpler by the use of mobile phones. From the comfort of one’s own bed all that is done and thus many people no longer take the required healthy number of hours of sleep. Internet addiction has had both positive and negative effects in KSA. In the kingdom of Saudi Arabia where Islam is the religion, gender segregation is at a very high scale. The females are not allowed to interact with the opposite sex from outside their families (Azzam 44). This gap has since been bridged by the social networks; they can communicate and make friends with people of their own choice from the comfort of their houses. Advertising We will write a custom report sample on Internet Addiction in Modern Society specifically for you for only $16.05 $11/page Learn More There have been many cases of relationships ending due to this. A man may feel jealous when his fiancà ©e keeps chatting with other members of the opposite sex and vice versa. Once cautioned to stop it and one fails to because of addiction, seriou s problems ensue and many times the relationship becomes very strained. On top of that, health complications have arisen because of staring at the screen for long hours and the failure to carry on activities that cause the body to exercise. Internet addiction has led to an increase in antisocial behavior. The way people used to communicate in the real world has since changed. The daily practices that comprise interpersonal communication are declining as internet addicts are now using smiley faces and avatars instead of body gestures (Azzam 41). There is a decline in the use of facial expressions and other body gestures to put across intended emotion. As a result, people have developed personality disorders in which they do not identify with their real life persona but rather with their Internet representation. Therefore, the ability of people to maintain a healthy social life has greatly been reduced (Young 7). In order to help the people in KSA to deal with the problem, rehabilita tion is the best thing that can help them with the best solutions to internet addiction (Young 8). Our group is going to make use the little savings that we have to start a company that will offer rehabilitation services to people addicted to the internet. It is our expectation that we are going to get funding from the government and other donors since we do want to charge any fee to our clients. I am the overall leader of the group and my role will be to see to the success of the company. I will organize everything that has to be done, and make sure that everything is in the right order. My duties include looking for the best facilities that will enable us carry out our mission effectively. I will also go ahead to acquire the best sources of labor from people who are experienced and willing to work as volunteer. The greatest professional problem that many encounter when setting up our company is getting the best human resource (Noble 21). Given that, we do not intend to charge an y fee to our clients, we will need a lot of sacrifice. Advertising Looking for report on psychology? Let's see if we can help you! Get your first paper with 15% OFF Learn More We will not be in a position to pay for any labor not unless we get good funding or a donor. Therefore, people will offer their services based on helping but not earning daily bread. As a result, we are expecting that many people are going to turn our invitations down never the less we are determined to make it. To deal with the above problem, we intend to spread awareness on the importance of offering voluntary services. In addition to that, we are going to request the government for some funds and apply for sponsorship by other able individuals or organizations. If all goes well, we are looking forward to start rewarding our human resources with some amount of money at the end of each month. The big problem is that, the government may turn down our request and we may not be able to get a good donor. On top of that, it is very hard for some people to offer free services given that they have spent quite a lot in acquiring the knowledge that they have. They see it as a waste of time and their energy (Noble 148). That can make us not be able to get the best human resource to add on the one that we already have. The other professional problem that we are likely to face is to do with the training of all the members. Professional ethics require that a person should be well conversant with what he or she is doing in a company. Therefore, we need to train our staff thoroughly for them to be able to offer the best services (Noble 4). Getting the required personnel to give the proper training may be quite a challenge given that we do not have the ability to pay in order to get the best. In order to deal with the above problem, we have decided to make the best use of the internet to look for a volunteer who can offer the service. If that is not possible, we intend to contribute the little that we have to pay for the lowest bidder. In addition to that, we shall try as much as possible to get a lot of information about rehabilitation of internet addicts from the internet. Getting a volunteer trainer may not be easy and contributing the little that we have to pay for one will mean a decrease in the limited finance that we have. Lack of enough capital when starting a company is a great setback (Worthington 12). Still the information on the internet is not enough to equip us for what we are about to do. Depending much on it will mean that our services will be limited to certain activities. We intend to work on looking for the best human resource first before considering the issue of training. This is because with the best skilled labor, there is no need for a lot of training (Worthington 13). That will cut down the cost of having to hire a professional trainer. We will have also been spared the cumbersome duty of having to search for a volunteer trainer. Getting the best skilled labor means having those particular person in our midst throughout. They will end up showing us what to do and correcting us whenever we go wrong. There is a good internet net work in KSA and that has facilitated the use of internet services. Many people are able to access it at very low cost. There are interesting sites like the social media that keeps people glued to the screen for long hours. As a result, people have been addicted to it, and are exposed to many problems (Young 9). We intend to start a company that will help the people to deal with the problem. Getting the required skilled labor is our greatest problem and in addition to that training the staff could pose a big challenge. Works Cited Azzam, Henry T. The Arab World Facing the Challenge of the New Millennium. London: Tauris, 2002. Internet resource. Green, Lelia. The Internet: An Introduction to New Media. Oxford: Berg, 2010. Print. Kutais, B G. Internet Policies, and Issues, Volume 4. New York: Nova Science Publishers, 2002. Print. Noble, Dawn. How to Start a Home-Based Professional Organizing Business. Guilford, Conn: Globe Pequot Press, 2007. Print. Tomei, Lawrence A. Lexicon of Onlin e, and Distance Learning. Lanham: Rowman Littlefield, 2010. Print. Worthington, Kelvin. Setting Up and Running a Successful Home Business. Glebe, N.S.W: Pascal Press, 2006. Print. Young, Kimberly S, and Cristiano N. Abreu. Internet Addiction: A Handbook and Guide to Evaluation and Treatment. Hoboken, N.J: John Wiley Sons, 2010. Print. This report on Internet Addiction in Modern Society was written and submitted by user Emelia Marshall to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.