Final answer:
Classical management was widely accepted and implemented in businesses during the 1920s. It emphasized hierarchical structure, clearly defined roles and responsibilities, and centralized decision-making. This approach provided a structured and systematic approach to running businesses.
Step-by-step explanation:
Classical management was widely accepted and implemented in businesses during the 1920s. This management approach emphasized hierarchical structure, clearly defined roles and responsibilities, and centralized decision-making.
One example of classical management is Frederick Taylor's scientific management theory, which focused on maximizing efficiency and productivity through the use of time and motion studies and standardized work methods.
Another example is Henri Fayol's administrative management theory, which emphasized the functions of management (planning, organizing, commanding, coordinating, and controlling) to achieve organizational goals.
Overall, classical management was popular during the 1920s because it provided a structured and systematic approach to running businesses, which was seen as necessary for the growth and success of large organizations during that time.