Definition: A chief officer or administrator, especially one who can make significant decisions on their own authority.

Alright class, settle down, let’s take a look, At a word that pops up in business books! “Executives,” you see, it's quite the name, Let’s break it down, a clever game. The dictionary gives us a helpful clue, "A chief officer or administrator, it’s true!" Think of it this way, a leader bright, Making choices with all their might. They aren't just workers, following the line, But steering the ship, truly divine! “Significant decisions,” that’s the key, They have the power – you agree? Like CEOs and managers grand, Holding positions in command. They set the course, they plan with care, Executives are leaders everywhere! Do you understand this concept well? Raise your hand if it makes sense to tell! Now, let's move on... Does anyone have any questions for me about what we just covered?