1- Why do most of the companies prepare for profit planning? And what are the key steps to make it helpful? 2- Why the budget is essential for any organization? What could happen if the company have no budgeting activates? Please state 5 clear points. 3- In a car maintenance workshop, as a manager how can you plan and control and the department's budget? Please explain what activates you may need to do for each one of them (planning and controlling). 4- Check form the internet about a successful company which applies the budgeting activates to improve their financial income and how it was applied. Max. one page. 5- Write a conclusion in one paragraph about what you have learnt from Ch.8.