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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. In eLearning, a specification usually describes an established approach to the development of content or software. Popular eLearning content standards include AICC, SCORM and xAPI.

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The Ultimate Glossary of eLearning Terms

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The first official eLearning content standard, AICC was developed by the Aviation Industry CBT Committee in 1993 as a CD-ROM based standard. A predecessor to SCORM, AICC was difficult to work with and many steps were required to get content in the format running in a learning management system (LMS). Blended Learning.