Can someone confirm that the category $(\bullet \to \bullet)$, the "walking arrow", has a monoidal structure, but $(\bullet \rightrightarrows \bullet)$ does not? Is there a general method how to detect if a very-small category has a monoidal structure (or even to find all of them, up to equivalence)?
The only purely category theoretic condition I know of is that the unit object has a commutative endomorphism monoid. So at least one object should have a commutative endomorphism monoid. Although this excludes non-abelian groups considered as one-object categories, this is obviously not a very strong condition. I am looking for more conditions of this type.