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?
DEFINITION of 'Sherman Antitrust Act'. Anti-monopoly U.S. legislation which attempted to increase economic competitiveness. The Sherman Antitrust Act of 1890 made it illegal for companies to seek a monopoly on a product or service, or form cartels.Next Up.nti-monopoly U.S. legislation which attempted to increase economic competitiveness. The Sherman Antitrust Act of 1890 made it illegal for companies to seek a monopoly on a product or service, or form cartels. Next Up.