The more satisfied a customer is, the more likely they are to shop at your store again. Positive Feedback Loop Negative Feedback Loop

## Step 1The problem presents a scenario where the satisfaction of a customer leads to a higher likelihood of them shopping at a store again. This is a classic example of a feedback loop in business and economics.## Step 2A feedback loop is a process where the outputs of a system are fed back into the system as inputs. This can either amplify the system's behavior (positive feedback loop) or dampen it (negative feedback loop).## Step 3In this case, the customer's satisfaction (output) is fed back into the system as an input (the likelihood of them shopping at the store again). This amplifies the system's behavior, as the more satisfied a customer is, the more likely they are to shop at the store again.## Step 4Therefore, this scenario is an example of a positive feedback loop, where the output (customer satisfaction) is fed back into the system as an input (likelihood of shopping at the store again), amplifying the system's behavior.