EXCUTIVE Meaning and
Definition
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Executive (noun): The term "executive" refers to an individual or group of individuals who are responsible for making decisions and overseeing the administration and management of an organization or a company. In most cases, executives hold high-ranking positions within the organizational hierarchy, such as the Chief Executive Officer (CEO), President, or other key executive roles.
Executives are typically entrusted with the strategic planning and direction of the organization, ensuring that business goals and objectives are effectively implemented and achieved. They are responsible for setting policies, making crucial decisions, and allocating resources to various departments within the organization. Executives play a vital role in guiding the overall operations and ensuring the success and profitability of the organization.
Moreover, executives often serve as the face of the organization, representing it in public forums, meetings, and negotiations with stakeholders. They must possess strong leadership skills, decision-making abilities, and a deep understanding of their industry and market trends.
The duties of executives can vary depending on the size and nature of the organization. In larger corporations, executives may oversee multiple departments or divisions, while in smaller companies, they may be responsible for the overall management of the organization. Regardless of their specific responsibilities, executives are key figures who drive the growth and success of an organization.
Etymology of EXCUTIVE
The word "executive" comes from the Latin word "exsecutivus", which is derived from the verb "exsequi", meaning "to follow through" or "to carry out". This Latin verb is composed of "ex", which denotes "out", and "sequi", meaning "to follow". Over time, the term evolved into "executif" in Old French, and ultimately into "executive" in English.
