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 government then created the Interstate commerce Act, which would prevent these railroad companies to stop gorging the prices and make all prices fair. Also, railroad companies had to come up with a fair and standard price to travel on trains. The prices also had to be visible to the paying customers. To make sure that those standards were being followed, the government came up with the I.C.C. or Interstate Commerce Commission.