Question

how is it that single man business has not been entirely obsolete even under modern conditions of trade and industry? discuss ​

Answer 1

Answer:

How is that single man business has not been entirely obsolete even under modern conditions of trade and industry? disscuss. Since a sole proprietor receives direct incentive. He is able to eaen all the profits by himself.So this profit earning drives him further to face the competition in the modern world.