Algorithms are step-by-step procedures for solving problems or performing tasks efficiently.
Due Diligence: A thorough assessment of a business or asset pre-transaction to evaluate risks and opportunities.
A process for developing something (an innovation) whereby the item is developed in small pieces, one small improvement at a time.
Early Adopters are the second group, after Innovators, to use new products, influencing its market acceptance and further diffusion.
