The reasons why HR is important can vary depending on if you look at the issue from a manager or employee perspective. Below is a list of typical functions of a human resources department that will help you better understand the essential role of HR in a company. Why Is HR Important for Managers?
Interstate Commerce Act This act reestablished the right of the federal government to supervise railroad activities and established a five-member Interstate Commerce Commission. Why was the government so eager to promote the growth of railroads?
The main statutes are the Sherman Act 1890, the Clayton Act 1914 and the Federal Trade Commission Act 1914. These Acts, first, restrict the formation of cartels and prohibit other collusive practices regarded as being in restraint of trade.