Characteristics of an Algorithm Explained | Input, Output, Finiteness & More (BBA/MBA)

Not every set of instructions qualifies as an algorithm — it has to meet specific conditions to actually work reliably. In this video, we break down the 7 core characteristics of an algorithm, what each one means, and how real companies like Daraz, Careem, HBL, K-Electric, Foodpanda, and Jazz apply them in everyday systems. 📌 Input – how a Daraz search term feeds the recommendation algorithm 📌 Output – how Careem's fare calculation produces a final result for the customer 📌 Definiteness – how K-Electric's billing system applies clear, unambiguous rate rules 📌 Finiteness – how an HBL ATM transaction completes in a limited number of steps 📌 Effectiveness – how Foodpanda assigns orders to the nearest available rider with a simple, practical step 📌 Feasibility – how Jazz's network optimization works within real resource and technology limits 📌 Independence – how the same route-finding logic (like Careem's) can be implemented in any programming language Perfect for BBA and MBA students studying Information Systems, Programming Fundamentals, or Business Process Design — packed with real brand examples for your next exam, viva, or business plan. 📩 Want another IT or programming concept broken down like this? Comment below and it might be the next lecture. #AlgorithmCharacteristics #InformationSystems #ProgrammingFundamentals #BBA #MBA