Final answer:
The basic idea of the stored program concept is that the logic of the programs is embedded in the hardware.
Step-by-step explanation:
The basic idea of the stored program concept is that the logic of the programs is embedded in the hardware. This means that the instructions and data necessary to run a program are stored in the computer's memory or storage devices, rather than being hardwired into the hardware itself. This allows for flexibility and reusability of programs, as different programs can be run by simply loading different sets of instructions and data into the computer's memory.