Business Executive is the name of a job profile, however some companies have a designation on such name. Designation as a Business Executive is generally into the marketing or HR domain in corporate.
I appreciate your interest to become a business executive. A business executive in a general sense should be qualified and well aware of the business functions and the business dynamics.
Actually, a Business Executive is a higher level position which can be generally attained after 10 years of work experience.
Initially, to begin with, it would be recommended that you get your
Executive MBA is a non University course offered majority by private institutes. Compared to this, part time three year MBA is a University offered course.
Executive MBA is highly recommended only when you have at least 7 years of experience in the field and you wish to add the management education for growing and taking the leadership positions.
For IT professional, firstly PMP certification is highly recommended. However Executive MBA from a reputed BSchool like ISB or Symbiosis or FMS Delhi will add great value to the CV and will help you grow in IT industry.
Just to let you know, this is a career guidance platform and academic queries like yours are not apt here. Seems you are interested Secretarial Practice in Commerce stream.
However since I have studied Commerce and Company Secretaryship, I shall answer your question:
Minimum number of members for a public company is 7 (seven). Quorum for meetings of public companies is 5 (five).