Why one man control in business is best in the world?

One man control is best in the world if the man is big enough to manage everything. One man control is considered as best because of the following reasons:

  • The formation of this form of business enterprise is very simple and easy because it does not require any legal formalities.

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  • The sole trader is not required to share business secrets with others and as such he can retain the secrecy of the business.
  • The sole trader can exercise effective control over his business and therefore this form of organisation is considered to be best.
  • It acts as a stimulation because of linking of reward and efforts.
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