Question

What impact does technology have on negotiations?

Answer 1

Technology has a great impact on negotiation as it has made the negotiation process quote easy. Like there is no need to be on face to face interaction for negotiation as it can be conducted via video conferencing or video call or with the other means of technology.

At the same time with the help of technology so many surveys or other related things with negotiation can be done quickly outside the company or inside the company

So many documents required can be easily shared over the internet and many documents can be digitally signed making process easier.

Apart from these, negotiations terms and condition can be ready by many people at the same time over the internet and can be accepted digitally.