Answer: Decisional Manager
Step-by-step explanation:
According to Mintzberg's classification of managerial roles, the role that fits the description of making or approving significant organizational decisions and assigning human, physical, and monetary assets is the role of a "Decisional Manager".
The Decisional Manager is responsible for making important decisions that affect the organization as a whole. They have the authority to make or approve significant decisions related to various aspects of the organization, such as strategic planning, resource allocation, and policy formulation.
Here is a step-by-step explanation of the Decisional Manager's role:
1. Making significant organizational decisions: The Decisional Manager is involved in making important decisions that impact the organization's direction, goals, and operations. This includes decisions related to investments, acquisitions, expansion, and major changes in processes or procedures.
2. Approving decisions: The Decisional Manager also has the authority to approve decisions made by other managers or teams within the organization. They review and assess the potential impact of these decisions on the organization's overall performance and make the final approval.
3. Assigning human, physical, and monetary assets: As part of their role, the Decisional Manager is responsible for allocating resources effectively. They assign human resources, such as employees or teams, to different projects or tasks based on their skills and expertise. They also allocate physical resources, such as equipment or facilities, and monetary resources, such as budgets or funding, to support organizational objectives.
By fulfilling the Decisional Manager role, individuals contribute to the effective functioning of the organization by making critical decisions and ensuring the efficient allocation of resources. They play a key role in shaping the organization's strategy and direction, as well as maximizing its performance and success.