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

Pergunta

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

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

Solução

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LorenzoMestre · Tutor por 5 anos

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Positive Feedback Loop

Explicação

## Step 1<br />The 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.<br /><br />## Step 2<br />A 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).<br /><br />## Step 3<br />In 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.<br /><br />## Step 4<br />Therefore, 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.
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