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The phrase "a business practice" is correct and usable in written English.
It can be used to refer to a method or approach that is commonly employed in the operation of a business.
Example: "Implementing sustainable practices has become a crucial business practice for many companies aiming to reduce their environmental impact."
Alternatives: "a corporate strategy" or "a commercial approach".
Exact(28)
A business practice sanctioned after years of implied approval.
Resale price maintenance as a business practice was weakened during the post-World War II years.
"It spawned a litany of corruption, an opaque system and a business practice replete with complacency".
"We see it more as a business practice, not an ethics issue".
There is, of course, a difference between criticizing a business practice and digging into dirty laundry.
I hope it will be moving towards being the norm as a business practice, rather than the exception.
Similar(32)
Looking to developing countries as a source of innovation has become a core business practice for a number of Western-based, multi-national corporations (MNCs).
These voluntary, non-binding statements reflect the belief that sustainability is not just a responsibility but also a sound business practice.
Lillie: Sometimes technology, and systems implementations in particular, are used as a function to force business process redesign or a certain business practice to become global.
"It's a fairness issue, but also, of course, it's a good business practice".
Generating goodwill is always a smart business practice, even if it means having to let go of a rising star.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com