1. Identify the objectives and rules used to establish prices of goods and services, and relate pricing issues to the management cycle.
   
2. Describe traditional economic pricing concepts.
   
3. Use cost-based pricing methods to develop prices.
   
4. Describe target costing and use that concept to analyze pricing decisions.
   
5. Use target costing to evaluate a new product opportunity.
   
6. Define transfer pricing; use cost-based, market-based, and negotiated methods to develop transfer prices; and use transfer prices to evaluate performance.