Navigating Negotiation Dynamics: The Impact of Technological Innovations and Sociocultural Factors in Supply Chain and Financial Systems

Authors

  • Stuti Shah Unitedworld Institute of Management, Karnavati University, Gandhinagar, India
  • Sania Khubchandani Unitedworld Institute of Management, Karnavati University, Gandhinagar, India
  • Purva Nagani Unitedworld Institute of Management, Karnavati University, Gandhinagar, India
  • Anuchi Sakaria Unitedworld Institute of Management, Karnavati University, Gandhinagar, India
  • Rahul Chauhan Unitedworld Institute of Management, Karnavati University, Gandhinagar, India
  • Andino Maseleno Department of Information Systems, Institut Bakti Nusantara, Lampung, Indonesia
  • R. Rizal Isnanto Department of Computer Engineering, Diponegoro University, Semarang, Indonesia

DOI:

https://doi.org/10.38035/dit.v1i4.1027

Keywords:

negotiation processes, e-payment systems, technological innovations, sociocultural factors

Abstract

This study investigates the impact of technological innovations and sociocultural factors on negotiation processes, specifically focusing on e-payment systems. Utilizing demographic analyses, the research examines how age, gender, and education influence familiarity, usage, and effectiveness of e-payment technologies. The findings reveal significant differences in e-payment usage based on age and gender, while education shows a trend in influencing usage patterns. This research underscores the importance of understanding these demographic factors for enhancing negotiation strategies through technology. Additionally, it emphasizes the need for tailored approaches in organizations to improve user satisfaction and negotiation outcomes. Future research should explore additional variables and the long-term effects of technology on negotiation practices, contributing to a more inclusive global marketplace.

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Published

2024-04-25

How to Cite

Shah, S., Khubchandani, S., Nagani, P., Sakaria, A., Chauhan, R., Maseleno, A., & Rizal Isnanto, R. (2024). Navigating Negotiation Dynamics: The Impact of Technological Innovations and Sociocultural Factors in Supply Chain and Financial Systems. Dinasti Information and Technology, 1(4), 140–151. https://doi.org/10.38035/dit.v1i4.1027

Issue

Vol. 1 No. 4 (2024): Dinasti Information and Technology (April 2024)

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Copyright (c) 2024 Stuti Shah, Sania Khubchandani, Purva Nagani, Anuchi Sakaria, Rahul Chauhan, Andino Maseleno, R. Rizal Isnanto

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