Definition, Meaning & Synonyms
business-practice
noun
/ˈbɪznəs ˈpræktɪs/
Definition
A method or process used in the management and operation of a business.
Examples
- Implementing sustainable business practices can improve a company’s reputation.
- It’s important for companies to stay current with best business practices to remain competitive.
Meaning
Business practice refers to the established protocols and procedures that organizations follow to accomplish tasks and achieve goals.
Synonyms
- business operation
- business method
- business procedure
