EN
The time component is important in all human activities, especially in economic and administrative activities and the management of these activities. Hence, in management research, a lot of space has been devoted to planning, organizing and effective time management. The capitalist economy has made it a specific commodity subject to the rules of the market (time has its price). The work of management theorists was the basis for the creation of time management principles. It can be assumed that in practice it is impossible to eliminate the loss of time, especially in the case of economic activity. The reason for the time gap (understood as unjustified waste of time) in the decision-making process is most often errors in the management of the company. Some attention has been paid to the problem of time by researchers of praxeology. Time is today an important and fundamental praxeological component; with significant connections with agility, efficiency, effectiveness, and ethics, i.e. with the praxeological components of actions, including decision-making activities. Proving this thesis is the aim of the article.