Algorithm
Simple Explanation
A set of steps for completing a task. Think of a recipe: follow the instructions in order and you get a result. Computers use algorithms to sort information, suggest videos and find routes.
Technical Explanation
An algorithm is a finite sequence of defined operations that transforms inputs into outputs. It may include conditions, repetition and calculations; it is not necessarily AI.
Business Use Case
A delivery company uses a route-planning algorithm to decide which stops a driver should visit first.
Real-Life Example
A navigation app compares possible routes and suggests one for your trip.
Illustrated flow showing a task broken into ordered steps, producing a result