ACCA Strategic Business Leader (SBL) Practice Exam

What role does the Cultural web play in corporate assessments?

1. It indicates product market fit

2. It reveals stakeholder power dynamics

3. It assesses organizational culture

4. It analyzes competitive advantage

The correct answer is: It assesses organizational culture

The Cultural Web is a framework used to analyze and understand the underlying beliefs, values, and norms that shape an organization's culture. It comprises elements such as stories, rituals, symbols, organizational structures, control systems, and power structures, providing a comprehensive view of how culture influences behavior within the company. Assessing organizational culture is crucial for identifying strengths and weaknesses, aligning corporate strategies with cultural realities, and facilitating change. By understanding the cultural web, organizations can pinpoint the factors that contribute to their operational effectiveness or hinder performance. It provides insights into how employees interact, how decisions are made, and how overall organizational identity is perceived internally and externally. This approach allows businesses to tailor their strategies and practices to align with desired cultural attributes, ultimately fostering a more cohesive and productive work environment. Therefore, the role of the Cultural Web in corporate assessments is fundamental for understanding how culture shapes an organization’s functioning and strategic direction.