ABSTRACT
Praxiology as a metatheory can and should constitute a base for further development of management theory and practice. This requires identification of new research areas and establishing new paradigms in the light of contemporary trends in business. This chapter analyses the research necessary for theory and practice of praxiology in a multidimensional space of contemporary business management. Economic activity of humans in the broad sense is realized in the following spaces: regulatory, temporal, psychological, tangible, intangible and digital. Every human activity is performed in regulatory, temporal and psychological area; the rest of them have facultative character. Those spaces overlap and they can restrain each other. Societies create economic rules in the form of legal acts, which become obligatory for market participants; including consumers and state authorities. Predicting all the situations of enterprise managing in legal regulations is neither possible not necessary and the literature contains more and more pleas of overregulating the economy.
