The biggest question, though, has less to do with strategy and more to do with the peculiar dynamics of the investment-management business.

ECONOMIST: Merrill Lynch

Management (HCM) features of Dynamics AX could serve her human capital strategy.

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For example, operating companies such as American Airlines, Bechtel, Caterpillar, General Dynamics and General Electric all established affiliated money management firms to earn fees from managing the retirement assets of their employees.

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