ROI: Drilling Down on Cost-Benefit Components.

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Title: ROI: Drilling Down on Cost-Benefit Components.
Authors: Burton, Sharon L.1 312sbdba@ngs.edu, Bessette, Dustin2,3 dbessette@stu.ngs.edu, Brown-Jackson, Kim L.1 312kbdba@ngs.edu, White, Yoshino W.4 ywoodard@gmail.com
Source: Journal of Applied Learning Technology. Fall2013, Vol. 3 Issue 4, p16-25. 10p.
Subject Terms: *Effective teaching, *Distance education research, *Learning, *Cost effectiveness, *Education costs, *Organizational learning, *Training, Rate of return, Economics
Abstract: Learning effectiveness with reduced cost continues to drive distance education programs. Academicians and business professionals want to know cost-savings, cost-benefits, and cost efficiencies of e-learning. Learners are seeking new knowledge, skills, abilities, and competencies in a briskly transforming and very technical climate. The information and digital age is intertwined in networked substructures within working environments. Online learning is pushing the rules regarding the return-on-investment (ROI) because it necessitates more planned programs and investments, as it corresponds to online business enterprises. While historic data can be used to reposition ideas, new information needs to be reviewed for continued process improvements. This paper reviews (1) aligning training with business objectives, (2) tracking and evaluating business results and (3) the value of an online investment in terminology for training professionals. Also, learners will better understand why business values should be attached to organizational learning capabilities. Practitioners will increase their knowledge of the components needed to calculate ROI. [ABSTRACT FROM AUTHOR]
Copyright of Journal of Applied Learning Technology is the property of Society for Applied Learning Technology and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Education Research Complete
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  Data: ROI: Drilling Down on Cost-Benefit Components.
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  Data: <searchLink fieldCode="AR" term="%22Burton%2C+Sharon+L%2E%22">Burton, Sharon L.</searchLink><relatesTo>1</relatesTo><i> 312sbdba@ngs.edu</i><br /><searchLink fieldCode="AR" term="%22Bessette%2C+Dustin%22">Bessette, Dustin</searchLink><relatesTo>2,3</relatesTo><i> dbessette@stu.ngs.edu</i><br /><searchLink fieldCode="AR" term="%22Brown-Jackson%2C+Kim+L%2E%22">Brown-Jackson, Kim L.</searchLink><relatesTo>1</relatesTo><i> 312kbdba@ngs.edu</i><br /><searchLink fieldCode="AR" term="%22White%2C+Yoshino+W%2E%22">White, Yoshino W.</searchLink><relatesTo>4</relatesTo><i> ywoodard@gmail.com</i>
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  Data: <searchLink fieldCode="JN" term="%22Journal+of+Applied+Learning+Technology%22">Journal of Applied Learning Technology</searchLink>. Fall2013, Vol. 3 Issue 4, p16-25. 10p.
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  Data: *<searchLink fieldCode="DE" term="%22Effective+teaching%22">Effective teaching</searchLink><br />*<searchLink fieldCode="DE" term="%22Distance+education+research%22">Distance education research</searchLink><br />*<searchLink fieldCode="DE" term="%22Learning%22">Learning</searchLink><br />*<searchLink fieldCode="DE" term="%22Cost+effectiveness%22">Cost effectiveness</searchLink><br />*<searchLink fieldCode="DE" term="%22Education+costs%22">Education costs</searchLink><br />*<searchLink fieldCode="DE" term="%22Organizational+learning%22">Organizational learning</searchLink><br />*<searchLink fieldCode="DE" term="%22Training%22">Training</searchLink><br /><searchLink fieldCode="DE" term="%22Rate+of+return%22">Rate of return</searchLink><br /><searchLink fieldCode="DE" term="%22Economics%22">Economics</searchLink>
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  Data: Learning effectiveness with reduced cost continues to drive distance education programs. Academicians and business professionals want to know cost-savings, cost-benefits, and cost efficiencies of e-learning. Learners are seeking new knowledge, skills, abilities, and competencies in a briskly transforming and very technical climate. The information and digital age is intertwined in networked substructures within working environments. Online learning is pushing the rules regarding the return-on-investment (ROI) because it necessitates more planned programs and investments, as it corresponds to online business enterprises. While historic data can be used to reposition ideas, new information needs to be reviewed for continued process improvements. This paper reviews (1) aligning training with business objectives, (2) tracking and evaluating business results and (3) the value of an online investment in terminology for training professionals. Also, learners will better understand why business values should be attached to organizational learning capabilities. Practitioners will increase their knowledge of the components needed to calculate ROI. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Journal of Applied Learning Technology is the property of Society for Applied Learning Technology and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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      – Code: eng
        Text: English
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      – SubjectFull: Effective teaching
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      – SubjectFull: Distance education research
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      – SubjectFull: Learning
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      – SubjectFull: Cost effectiveness
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      – SubjectFull: Education costs
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      – SubjectFull: Organizational learning
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      – SubjectFull: Training
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      – SubjectFull: Rate of return
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      – SubjectFull: Economics
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      – TitleFull: ROI: Drilling Down on Cost-Benefit Components.
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              Text: Fall2013
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