A business action that has been widely adopted within an industry or occupation is known as Standard Business practice
Step-by-step explanation:
Standard business practice tells you how to operate and manage your business.
The operation includes:
Goals, objectives: Mentioning about the goal and objective of the organization and creating process to achieve those.
Sales: Sales are the most important aspect which brings revenue to any kind of industry starting from education industry to MNC industry. Sales can bring business and one of the crucial department for success of the organization.
Back office work: Which needs to work at the background to monitor, to track, develop the operations or process