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ETEC 522 – Ventures in Learning Technologies
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Business Jargon

By Chris on May 10, 2016

Hello!
I have just enrolled in ETEC 522, and am becoming a bit concerned that my lack of business credentials/experience may hinder my ability to fully understand/navigate the material in this course. I am a science teacher with absolutely NO business experience, so a lot of the ‘business-speak’ is very new to me. Is there a glossary of terms / acronym list / website that might help someone like me?
There are a number of terms used on the website that I am unfamiliar with. These questions are mainly directed to the course authors, but if anyone else could help as well, I’d appreciate it!
  1. What is “EVA”? (e.g. “Critical EVA”). If it is “Economic Value Added”, this doesn’t help, as I still don’t know what that means.
  2. What does “venture” mean? I have a vague idea, but how is it being used in this course? (again… I have no business experience or training)
  3. What is “regenerative learning design”? This term was in the introduction and was not explained, and I have never seen this term before. I Googled it and came up with “Regenerative design is a process-oriented systems theory based approach to design.” Wow. This only made me more confused.
  4. What is an “emerging market” as it relates to this course? I wouldn’t know if I have an interest in one, since I don’t even know what it means (China? India?). Some examples, in the context of this course, would help.
  5. The term “wyziwyg” is used in the “Creating a Post” section. Was this meant to read “WYSIWYG” (what you see is what you get)?

I’m sorry if these seem like very basic questions, but please understand that I have had absolutely NO business training.

I am not a fan of acronyms, as I find it hard to take meaning from sentences that rely too fully on them. There is one sentence in Assignment 2 that reads, “There is no guarantee that NMC will publish your OER, and it will take a very professional product from your EMT to make the cut.”, with no explanation of what “NMC” actually stands for…I’m guessing it’s not “Nursing and Midwifery Council”!
*I am unable to find this post in the “Recent Posts” section of the homepage. Are only ‘highly rated’ posts placed there?
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