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Ultimate eLearning terms you should know: Part 2 (M-Z)

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ROI (return on investment): A ratio of the profit accrued by an investment versus the cost of the investment. SCORM (Shareable Content Object Reference Model): A set of standards developed by Advanced Distributed Learning (ADL) and applied when developing LMS content. Popular eLearning content standards include AICC, SCORM and xAPI.

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The Ultimate Glossary of eLearning Terms

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ADL (Advanced Distributed Learning). The first official eLearning content standard, AICC was developed by the Aviation Industry CBT Committee in 1993 as a CD-ROM based standard. eLearning standards like SCORM, xAPI (Tin Can) and AICC were developed to enhance the interoperability of online learning content and technologies.