Pricing in the services sector in terms of lending to business activities

The Disclosure function of the loan gave an understanding of the role of credit in the pricing process. However, the pricing in the service sector is a very specific field where the study of the role of lending needs further clarification. In addition, the economic science still has not developed a single established views on the subject.

For Example, a number of experts believes that pricing in a market economy implies that the function and role of credit show the place of credit, primarily in the distribution relations according to the definition of the dominant factors in pricing.

Others argue that the role of credit in pricing stems directly from its nature and functions.

Speaking about certain sectors of the economy, there is a view that for example the pricing of transport services, and considers credit as a result of the implementation of its functions under real conditions of economic activities and the specifics of the industry.

Summarizing the various opinions, it is possible to allocate one shared position - the role of credit in pricing is determined by the degree of efficiency of its use. Taking into account these views also appear that the credit in the system of financial and economic relations through such mechanisms as pricing in the service sector, creates new relationships, concerns:

- the exceptions of the imbalance between the permanent accumulation of the money supply, released in the process of turnover from businesses budget (state) and population, and its use in the interests of expanding production;

- to guarantee the continuity of the process of circulation of capital, when the industry or enterprise function modes with different periods of circulation;

- organization of the system of turnover and payments, which take into account the credit the issue of money;

organization and implementation of such models of corporate governance, in which the pricing in the service sector is carried out exclusively on a commercial basis.

The Reasons for this need are:

- continuous education of cash reserves and the additional time demands;

- different duration of turnover in the individual links of the national economy,

- intertwined cash and non-cash turnover;

- the separation of capital within economic entities.

These causes initially determine the place of credit in the economic sector and its relationship with the basic economic categories, one of which is pricing in the service sector, with mutual influence.

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Therefore, the impact of the loan increases his role. It appears that the role of credit reflects the outcome resulting from the implementation of its specific functions, that is allegedly due to the functions.

It is Therefore advisable to give the following definition of the role of credit in the practice of the pricing process: this measure reflect the impact of category loan category, pricing in the service sector to reveal all its (potential) capabilities.

The Proposed definition emphasizes that the role of credit is to increase profitability of the enterprise, its overall efficiency, the use of profit for further business development.

Understanding the function and role of credit lies in the fact that the function acts as a means (method) impact on the pricing process that sets the credit for the achievement of the effect and role as the size (measure) this impact, it is possible (method) of its reflection.

Despite the differences, these concepts are interrelated, as it is aimed at the implementation of the final result:

- by performing its functions, the loan increases the efficiency of production economic actors and society as a whole (through the acceleration of the circulation, cost savings and revenue growth);

- the role of credit shows the objective results achieved with proper implementation of its functions in pricing.

The role of credit in pricing can be determined by the degree of its efficiency in this particular economic process.