Can you explain what feedback loops are?
Sure! Feedback loops are processes where the output of a system is circled back and used as input. They can be positive or negative.
What’s the difference between positive and negative feedback loops?
Positive feedback loops amplify changes, leading to exponential growth or decline, while negative feedback loops counteract changes, promoting stability.
Can you give me an example of each?
Absolutely! An example of a positive feedback loop is the melting of ice caps, which reduces sunlight reflection and increases warming. A negative feedback loop example is the regulation of body temperature.
How do feedback loops apply to business?
In business, feedback loops can help improve products based on customer feedback, leading to better customer satisfaction and increased sales.
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