A business action that has been widely adopted within an industry or occupation is known as _____.

Question

Quizplus · Accepted Answer

A standard business practice is a widespread and accepted method within a particular industry or profession. It is a generally recognized and expected way of conducting business that has become commonplace. Option A ("best business practice") is a term used to describe a method or technique that is considered the most effective and efficient. Option B ("specialized business professionalization") and Option D ("expert professionalization") are not relevant to the term for a widely adopted business practice.

A Business Action That Has Been Widely Adopted Within an Industry