Corporate practices refer to the established methods and procedures that businesses use to operate effectively. These practices can include everything from how a company manages its finances to how it interacts with employees and customers. Common corporate practices involve strategic planning, performance evaluation, and compliance with laws and regulations. Additionally, corporate practices often encompass ethical standards and corporate social responsibility. Companies may implement policies that promote sustainability, diversity, and community engagement. By adhering to these practices, organizations aim to enhance their reputation and ensure long-term success in the competitive market.