Class 12 Business Studies (व्यवसाय अध्ययन) Maha Marathon | अंतिम प्रहार 🔥 | UP Bihar Board Exam 2026

TLDR;

This YouTube video by Commerce Wallah UP & Bihar Board provides a comprehensive revision of the Class 12 Business Studies syllabus, focusing on key concepts and important questions for the UP and Bihar Board exams. The session covers all chapters, from the definition of management to consumer protection, using a mix of explanations, examples, and MCQs. Key takeaways include understanding management principles, functions, characteristics, coordination, levels, and the importance of financial planning and control.

• Comprehensive syllabus revision
• Focus on important questions and concepts
• Includes MCQs for practice
• Covers management principles, financial planning, and consumer protection

Introduction [0:40]

The session begins with a warm welcome from Ayush Singh, who outlines the plan to revise the entire syllabus with a focus on important subjective questions, particularly those worth five marks. The goal is to cover all 12 chapters in detail, catering to both English and Hindi medium students from any state board. The session aims to revise the entire syllabus, not just meet a time target.

Henri Fayol 14 Management Principles [49:40]

This section covers Henri Fayol's 14 principles of management, including division of work, authority and responsibility, discipline, unity of command, unity of direction, subordination of individual interest to general interest, remuneration, centralisation, scalar chain, order, equity, stability of tenure, initiative, and esprit de corps. Each principle is explained with examples to illustrate its practical application in business.

Class 12 BST Important Questions UP Bihar Board [1:10:13]

This chapter goes through important questions, starting with the definition of management and its five main functions: planning, organising, staffing, directing, and controlling (POSDC). Each function is explained in detail, including the importance of thinking before doing (planning), gathering resources (organising), appointing the right people (staffing), providing guidance (directing), and evaluating progress (controlling). The characteristics of management, such as being goal-oriented, a group activity, an intangible force, and all-pervasive, are also discussed. The importance of coordination in management is highlighted, emphasising unity, avoiding conflicts, increasing efficiency, promoting teamwork, and integrating managerial functions. The three levels of management—top, middle, and lower—are explained, along with their respective roles and responsibilities. The chapter includes MCQs to test understanding of the concepts.

The discussion moves to scientific management and its characteristics, including scientific study of work, division of work and responsibility, standardisation, scientific selection and training of employees, and wage payment. The session also covers the economic environment, including liberalisation, globalisation, and privatisation (LPG), and their impact on businesses. The importance of planning and its steps, such as setting objectives, developing premises, identifying alternative courses of action, evaluating alternatives, implementing the plan, and following up, are discussed. The limitations of planning and the concept of delegation are also covered.

The session continues with a discussion on directing, including its elements: supervision, leadership, communication, and motivation. Different leadership styles, such as autocratic, democratic, and laissez-faire, are explained. The importance of financial management, including investment, financing, and dividend decisions, is highlighted. The concepts of capital gearing, trading on equity, and financial planning are also discussed.

The session concludes with consumer protection, including the features of the Consumer Protection Act 2019, the responsibilities of consumers, and the mechanisms available for redressal, such as the Eco mark scheme, redressal forums, Lok Adalats, and consumer courts. The session ends with a final set of MCQs and a thank you message from Ayush Singh.