第五章公司戰(zhàn)略評(píng)價(jià)

封面工商管理課程企業(yè)戰(zhàn)略管理學(xué)主講人：劉青2005－2006（一）煙臺(tái)大學(xué)經(jīng)濟(jì)與工商管理學(xué)院§8戰(zhàn)略評(píng)價(jià)方法及戰(zhàn)略選擇過(guò)程§8.1增長(zhǎng)率－市場(chǎng)占有率矩陣法§8.2行業(yè)吸引力－競(jìng)爭(zhēng)能力分析法§8.3產(chǎn)品－市場(chǎng)演化矩陣法§8.4PIMS分析§8.5湯姆森和斯特克蘭方法§8.1增長(zhǎng)率－市場(chǎng)占有率矩陣法一、戰(zhàn)略經(jīng)營(yíng)單位的含義1、具體的任務(wù)，即擁有自己的經(jīng)營(yíng)范圍；2、擁有自己的市場(chǎng)，并在這個(gè)市場(chǎng)范圍內(nèi)有同行業(yè)的競(jìng)爭(zhēng)者3玻、駐本緩業(yè)亮務(wù)幅與弟其蒸它鴨戰(zhàn)抖略?xún)?yōu)經(jīng)吼營(yíng)仁單閣位鞭在智市漲場(chǎng)豎、警任下務(wù)包、捕目躲標(biāo)這等救方進(jìn)面不祝能舌重丟疊和秒互玻相蹲間融很姓大錄的午依由賴(lài)答性桌；4且、率一殃個(gè)預(yù)戰(zhàn)驢略獅經(jīng)催營(yíng)撒單光位通的強(qiáng)經(jīng)驅(qū)理薯人倦必飽須全域權(quán)鹽控法制此器經(jīng)點(diǎn)營(yíng)美單綠位粥的射活堅(jiān)動(dòng)寶；5排、角戰(zhàn)唯略越經(jīng)央營(yíng)鳳單仁位定只噴是跪一群個(gè)相蔬對(duì)縱獨(dú)或立的琴經(jīng)捉營(yíng)戲單霸位股，每與統(tǒng)完售全匆獨(dú)束立材的伶企除業(yè)躺是誰(shuí)不熊同戀的恐。6疏、至每鞠個(gè)您戰(zhàn)烏略惠經(jīng)餐營(yíng)槍單厘位貝戰(zhàn)笛略尖規(guī)表劃喊的暮核粗心皮內(nèi)解容鼻就攏是事栽業(yè)蜘部開(kāi)戰(zhàn)賤略舍或疫競(jìng)否爭(zhēng)雄戰(zhàn)閱略。二體、肯（甩B貫C表G紹）醋增句長(zhǎng)鏟率目－眾市掌場(chǎng)妥占功有繭率勤矩齒陣伸法（瘦一棗）莖基俯本昆原近理F肌（哄每嗚個(gè)終戰(zhàn)脊略此經(jīng)遺營(yíng)掉單夫位碗的測(cè)戰(zhàn)乒略箱）＝醬f鬼(晉相放對(duì)讀市裝場(chǎng)策占即有羽率測(cè)，歉市杯場(chǎng)府增低長(zhǎng)赴率粉)1悲、帥將蘿公護(hù)司挽所燈有壓業(yè)貼務(wù)紀(jì)劃伙分很成臟不冠同楚的測(cè)經(jīng)膀營(yíng)承單劃位搜（潛圓綱圈狡表恢示末每羊一獄個(gè)皮經(jīng)臭營(yíng)棚單徹位膀）2鉤、南確末定盯經(jīng)沉營(yíng)算單手位外在丑整杏個(gè)菊公哀司刊中勁的授相推對(duì)卷規(guī)漁模煩（淘圓別圈煎面候積疾大護(hù)小擁）3孤、王確摩定灶每搭一余經(jīng)桶營(yíng)鞋單弄位漲的兔相滑對(duì)腹市雙場(chǎng)劉占束有補(bǔ)率4松、聽(tīng)確喊定流每忽一興經(jīng)叉營(yíng)糠單體位只的娘市氏場(chǎng)似增暫長(zhǎng)灶率5鋒、么繪壩制蘭公雁司弄整墻體內(nèi)經(jīng)怪營(yíng)位組喊合萍圖6慈、隙依雙據(jù)器每意一腿經(jīng)縫營(yíng)廚單防位象在慚公元司蠻整絨個(gè)始經(jīng)陜營(yíng)筒組石合氏中漫的暮位攜置瞇選委擇頃適厘宜轎的捷戰(zhàn)揮略增謙長(zhǎng)振率栗－私市輸場(chǎng)反占弓有探率外矩索陣典圖明星幼童金牛狗業(yè)腸務(wù)公轉(zhuǎn)白換勾方飽向資滋金薯投效向高1夢(mèng)0卡%低高裹1披.腿5帶低相爬對(duì)瓦市舍場(chǎng)鋪占匪有殃率余口者放惑棄清暮算市藥場(chǎng)黑增菜長(zhǎng)荒率1趙、悟相辮對(duì)撥市病場(chǎng)嚷占猾有馬率售（過(guò)當(dāng)妄年訴）＝外經(jīng)當(dāng)營(yíng)風(fēng)單胃位跟的堆銷(xiāo)但售夫額捆/親主竭要摸競(jìng)袖爭(zhēng)麻者預(yù)的狠銷(xiāo)乒售蘋(píng)額制X差1駛0集0榴％＝求經(jīng)肺營(yíng)忘單磁位療的芽絕熔對(duì)叮市阿場(chǎng)敞占膝有激率挽/擠主掘要尊競(jìng)蠢爭(zhēng)尼者蘿的舍絕板對(duì)岸市厭場(chǎng)姻占揮有要率價(jià)X勁1袖0廚0石％2宿、喚市腔場(chǎng)斥增針長(zhǎng)維率＝霸當(dāng)凱年峰市舉場(chǎng)懶需潮求鉛－義上島年總市檢場(chǎng)駱需披求先/偶上資年倘市牙場(chǎng)蛇需窮求鎖X濃1撕0節(jié)0鄙％3砌、衫圖濃中襪圓望圈代錦表揉公作司卡的卡經(jīng)夠營(yíng)壘單唯位濕，吹其器大病小桌表谷示纖各貸經(jīng)目營(yíng)扁單培位為在察總殼體交業(yè)少務(wù)裙中爭(zhēng)所助占廊份緞?lì)~謊，食即辱相慎對(duì)缺規(guī)歷模文（服資巧產(chǎn)禽規(guī)杏模塞或啦銷(xiāo)雀售衫規(guī)綢模朱）按。2彼21填81恰61硬41喊21飲021纖0訴4惜2鼻1櫻.撒5煤1楚0辱.上5窄0柱.尋1焰相戒對(duì)心市痛場(chǎng)供占輝有男率市場(chǎng)增長(zhǎng)率(千二月)體經(jīng)些營(yíng)吹組姜合塔圖蹲之尿比套較2搬21低81轟61同41虹21練021翠0想4縣2答1悅.殃5蓮1帖0崖.娘5另0杰.經(jīng)1漫相逐對(duì)森市懂場(chǎng)抄占砌有鋼率市場(chǎng)增長(zhǎng)率（墾三攏）左戰(zhàn)運(yùn)略詞選蹤蝶擇表刷8秧－桐1印應(yīng)手用通B耐C頁(yè)G忌矩偉陣綁的賠戰(zhàn)導(dǎo)略塊方宋針業(yè)務(wù)類(lèi)別業(yè)務(wù)特征市場(chǎng)占有率方針業(yè)務(wù)盈利能力投資需要現(xiàn)金流量明星G、M都高維護(hù)、擴(kuò)大高多接近于0或小負(fù)數(shù)金牛G低M高維護(hù)、抽資轉(zhuǎn)向高少極大正數(shù)幼童

G高M(jìn)低擴(kuò)大、抽資轉(zhuǎn)向、放棄無(wú)或虧損低或虧損很多不投資大負(fù)數(shù)小正數(shù)狗G低M低利用、放棄、清算低或虧損不投資正數(shù)§桿8后.柏2貿(mào)行資業(yè)鉗吸占引顫力幅－匆競(jìng)昂爭(zhēng)缺能寇力壘分竭析穗法一避、扮通藍(lán)用艱電惑氣吼公飯司該的滋戰(zhàn)栽略廢經(jīng)鄙營(yíng)茄規(guī)摟劃席網(wǎng)（征T堤h嗓e填G屈E忠S呼t疼r貧a毛t劫e嚼g材i孤c在B省u盲s請(qǐng)i童n狀e牽s圖s防p朵l胞a俊n欺n剛i點(diǎn)n買(mǎi)g忌G裙r版i青d作）由栽美更國(guó)雷通畜用掘電坦氣郵公導(dǎo)司繞與劇麥般肯見(jiàn)錫夠咨累詢(xún)泛公傻司涂共燙同晃發(fā)障展摟起聾來(lái)栗的責(zé)。F最（否每碗個(gè)羞戰(zhàn)怒略浸經(jīng)碼營(yíng)福單西位陣的藏戰(zhàn)孩略萌）＝乎f險(xiǎn)(晝行央業(yè)稿吸廊引附力紐奉、叮競(jìng)頓爭(zhēng)菠能殖力蹄)行參數(shù)因素等級(jí)①權(quán)數(shù)②加權(quán)值③＝①X②行業(yè)吸引力1、市場(chǎng)大小2、年市場(chǎng)增長(zhǎng)率3、歷史的利潤(rùn)率4、技術(shù)要求5、由通貨膨脹引起的脆弱性6、能源要求7、外部環(huán)境影響（社會(huì)、政治、法律等因素）454233210.200.200.150.150.150.050.051.000.801.000.660.300.450.150.100.05

3.45業(yè)務(wù)競(jìng)爭(zhēng)力1．市場(chǎng)占有率2．市場(chǎng)占有率增長(zhǎng)3．產(chǎn)品質(zhì)量4．品牌信譽(yù)5．分銷(xiāo)網(wǎng)6．促銷(xiāo)力量7．生產(chǎn)能力8．生產(chǎn)效率9．單位成本10．

原料供應(yīng)11．

研究與開(kāi)發(fā)成績(jī)12．

人才結(jié)構(gòu)及素質(zhì)4445453235440.100.150.100.100.050.050.050.050.150.050.100.05

1.000.400.600.400.050.200.250.150.100.450.250.400.20

3.39AEBDCF競(jìng)銜爭(zhēng)鄉(xiāng)豐實(shí)暫力強(qiáng)苦中蜘弱5續(xù).伐0宴3撕.獅0劑1堅(jiān).櫻5領(lǐng)1銜.且0行業(yè)吸引力5鴿.摟03渠.街01昂.撫51夸.慕0等級(jí)很不吸引人有些不吸引人一般有些吸引人很吸引人賦值12345二懇、郵戰(zhàn)雀略屑選戚擇表夫8勝－劈燕4員多儉個(gè)貨經(jīng)槍營(yíng)道單墾位喊的之總味分鄉(xiāng)豐值經(jīng)營(yíng)單位ABCDEF競(jìng)爭(zhēng)實(shí)力3.402.500.752.203.600.75行業(yè)吸引力3.381.052.453.352.351.10Ⅰ

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Ⅲ發(fā)板展臨鬼界擇點(diǎn)不舒發(fā)歪展競(jìng)輩爭(zhēng)吵實(shí)流力5區(qū)3蓋.庫(kù)0蠢1蜜.豬5漆1覆。怨0行莖業(yè)緊吸臣引拿力5勒.診03筑.疾01色.惠51捆.繩0圖宰8基－掩5虹通冬用允電架氣椒公牲司染的名戰(zhàn)爛略敬經(jīng)鴉營(yíng)浮規(guī)恥劃感網(wǎng)§振8寄.裝3紫產(chǎn)詞品細(xì)－懸市給場(chǎng)臺(tái)演駁化汪矩仆陣恐法一昆、療基繩本季原色理霍今福如爾造產(chǎn)迫品步－士市乞場(chǎng)更發(fā)飾展翼矩寶陣膜（續(xù)H筑o爸f獲e勝r情’隔s哨P艱r翁o擁d隸u悟c稈t輔/譜M執(zhí)a烏r稿k犯e就t聚E敏v危o耗l梢u恨t踢i禿o破n伯P孔o(hù)純r(jià)槐t孤f落o饑l喜i秤o憐M蔬a蜘t腐r衫i跳x講）袋（雹由尾查打爾召斯賣(mài)·牙霍押福汁爾粥提犯出擾）二域、尿公方司剪中序經(jīng)慰營(yíng)第單已位誘組箏合耗的患三傻種薄理召想僻模宴式競(jìng)納爭(zhēng)覽地燙位強(qiáng)關(guān)中畢弱懸強(qiáng)除中悼弱潑強(qiáng)猜中菌弱成唇長(zhǎng)蕩模蠻式顏盈愧利簽?zāi)ｐz式瓣平徒衡借模篩式開(kāi)稱(chēng)發(fā)成毀長(zhǎng)擴(kuò)密張成殖熟內(nèi)飽膛和衰舅退產(chǎn)品/市場(chǎng)演化階段三犬、嘉戰(zhàn)扇略規(guī)選砍擇A每類(lèi)貸業(yè)受務(wù)縱：潛游在鑒明鑼星絹，岡大冒力骨扶漢持創(chuàng)投糊資雕；B絡(luò)類(lèi)唯業(yè)輸務(wù)蓮：類(lèi)索似山A禾類(lèi)炸業(yè)爐務(wù)洲，仰設(shè)攏法山提塑高薪市錦場(chǎng)寒占炊有圖率挖，趕增殲加卡投殺資什；C侄類(lèi)抖業(yè)慶務(wù)脾：彌渾補(bǔ)司其側(cè)弱劍點(diǎn)附，悄確粱保動(dòng)投菌資圖有劣益量但耀也川是歪放磁棄委對(duì)荷象閘，菊集錢(qián)中愛(ài)有道限塔的預(yù)資父金撥投箭入繳到欠A朋、哀B槳類(lèi)壞業(yè)灑務(wù)慮中漸去勻；D斬類(lèi)淚業(yè)舟務(wù)禍：維纏持肆并餅進(jìn)升一跪步泳發(fā)礙展塔成待為萍金部牛融類(lèi)篇業(yè)村務(wù)說(shuō)；E氏、掙F疊類(lèi)主：現(xiàn)唐金者提悅供王類(lèi)返業(yè)仇務(wù)品，蜘是坦金神牛肉類(lèi)崗，纏維腹持搭其烘競(jìng)剛爭(zhēng)賄地暖位尖，激不俘易無(wú)追訂加觀投眉資育；G梨類(lèi)剖業(yè)經(jīng)務(wù)椒：狗渣類(lèi)箏業(yè)踐務(wù)悄，堤收擴(kuò)回診現(xiàn)具金軌，獅放們棄

AEFGD圖銅8湖－記8茄產(chǎn)輸品淋－熄市只場(chǎng)瓜演草化禿矩例陣競(jìng)垃爭(zhēng)株地疤位強(qiáng)毒中艇弱開(kāi)瓣發(fā)成鑼長(zhǎng)擴(kuò)摸張成榨熟飽荷和衰甩退§際8光.怪4衡P局I霜M旺S盈分訴析一哲、醫(yī)P做I診M隱S小含李義市昂場(chǎng)砍戰(zhàn)霞略暈對(duì)劑利志潤(rùn)椅的念影也響箱，百其愉英獸文框?qū)懤辗ㄊ猓篜淺r灣o殖f稿i黃t妙I(lǐng)浴m絮p選a提c譯t感o險(xiǎn)f顯M者a擋r巡壽k瘡e債t寸S鵲t稅r夏a棕t摘e幕g商i口e峽s訂.二業(yè)、凡研館究招目令的1冒、絨對(duì)貴于不一福個(gè)賀給燃定機(jī)的撿經(jīng)強(qiáng)營(yíng)雹單優(yōu)位摘，蒙考悔慮未到攀它旱的嘩特冠定韻市魔場(chǎng)翼、素競(jìng)高爭(zhēng)析地歸位菜、昂技軌術(shù)寨、衰成序本禾結(jié)僵構(gòu)傍等鴨因繳素猴，博什奴么關(guān)樣川的顫利綱潤(rùn)長(zhǎng)水袖平海算廉是桃正暮常燭的茶和魯可受以昨接匪受碧的忽？2泳、速哪裁些衫戰(zhàn)延略建因犧素張能居夠群解燈釋封各羨經(jīng)調(diào)營(yíng)斷單澇位規(guī)之尺間墊經(jīng)雙營(yíng)午業(yè)口績(jī)域的手差遺別旺？3盜、借在鋪給米定棄的毀經(jīng)節(jié)營(yíng)練單仿位輛中圣，拘一飯些陳戰(zhàn)猴略雕性場(chǎng)變庫(kù)化課如嫩何飛影撈響指投棄資登收蓮益去率茫和釀現(xiàn)定金版流胸量蜜？4蹈、握為忙了鞋改棒進(jìn)伶經(jīng)確營(yíng)拘單棍位汁的云績(jī)質(zhì)效雨，敲應(yīng)泛進(jìn)壞行咳怎屑樣拾的爽戰(zhàn)淘略喉性蛛變宴化欣，鴿以駱及坡在映什掏么斑方具向執(zhí)上鑒做倆出紡這楊些獨(dú)變議化縫？三鴿、寫(xiě)P感I撇M紐奉S述研啄究精的鳳數(shù)擾據(jù)磁庫(kù)昌：（侵教蔬材問(wèn)P燭1驢8積7珠）P盜I年M攜S供項(xiàng)壩目溜的榆研吧究備對(duì)舞象重是爸各泰公分司泉中屋的傭戰(zhàn)著略懸經(jīng)劃營(yíng)遞單統(tǒng)位致。早其財(cái)數(shù)駛據(jù)區(qū)庫(kù)催是稻關(guān)狗于祖這杜些芝戰(zhàn)渣略賺經(jīng)沙營(yíng)拳單荷位顏情淡況挪的嶺大多匯砌總打。淋目滅前劫，洋P膝I未M流S哈數(shù)袍據(jù)憂(yōu)庫(kù)爭(zhēng)已架采銅集吉了植2暗0默0完0士多爸個(gè)佛經(jīng)私營(yíng)獵單托位折4粱－堵8煮年蝴的蘿信沈息兔資匠料甲。胖對(duì)固每喂一具經(jīng)顫營(yíng)抬單愈位梁所要收祖集驚的豬信敲息歪條州目齡多盼達(dá)平1各0由0蛙多卸項(xiàng)奔，穴其者歸刊類(lèi)貪如錘下差：1縫、羅經(jīng)佛營(yíng)姥單怖位忽環(huán)親境撤的插特鬼性（串1競(jìng)）奔長(zhǎng)泊期費(fèi)市友場(chǎng)檔增蹲長(zhǎng)暑率么；（溪3姻）敗產(chǎn)抹品走售棒價(jià)疏的饑通稼貨養(yǎng)膨鵲脹時(shí)率貴；（羅5本）帥購(gòu)煩買(mǎi)映頻坑率球及框數(shù)蘇量（違4揉）洋顧鵲客似的逃數(shù)罰量?jī)敿肮┮?guī)漲模（柴2陡）誕短穩(wěn)期決市粗場(chǎng)德增端長(zhǎng)毛率碌；2徒、芝經(jīng)導(dǎo)營(yíng)跌單剩位鑼的胞競(jìng)?cè)?zhēng)贏地?fù)莆唬?抄）敞市賣(mài)場(chǎng)耍占盈有透率喜；（熱3聽(tīng)）芬相吸對(duì)賓市以場(chǎng)纖占合有榴率（扁5艷）論相尋對(duì)鏡于福競(jìng)級(jí)爭(zhēng)注對(duì)宰手惹來(lái)育說(shuō)乓提艘供撈給異職喉工保的治報(bào)啊酬坑水林平下；（送4劃）躲相需對(duì)馳于挽競(jìng)憲爭(zhēng)涼對(duì)告手目的貪產(chǎn)縮慧品嗚價(jià)芳格（弦2漲）面相外對(duì)短于播競(jìng)綿爭(zhēng)貞對(duì)賽手拋的廈產(chǎn)褲品攏質(zhì)（正6產(chǎn)）蓮相猴對(duì)起于曬競(jìng)梢爭(zhēng)勤對(duì)認(rèn)手楚的淘市誼場(chǎng)圣營(yíng)遍銷(xiāo)雨努犬力仇程3宵、衣生婆產(chǎn)斤過(guò)源程稼的聽(tīng)結(jié)甲構(gòu)（然1輕）加投鈔資吉強(qiáng)能度（良2尤）絹縱礎(chǔ)向?yàn)E一窗體驕化冊(cè)程逝度（皂3兵）極生難產(chǎn)輝能把力凍利陰用卻程扒度（英6講）癥庫(kù)戰(zhàn)存羽水扣平（套4崗）鵲設(shè)諒備曉的肌生夫產(chǎn)嶼率（扎5撕）膊勞哭動(dòng)端生洲產(chǎn)錯(cuò)率4值、者可苦支洋配栗的深預(yù)券算般分自配嬸方李式（酷1嫌）述研擠究蓬與館開(kāi)己發(fā)夫費(fèi)泳用（炮2洋）山廣世告腫及蟻促練銷(xiāo)摔費(fèi)盜用（扯3過(guò)）船銷(xiāo)隸售享人講員擔(dān)的山開(kāi)雜支5那、腿經(jīng)羊營(yíng)摸單縫位鼓業(yè)嫩績(jī)（艇1晉）執(zhí)投飛資河收瘡益嫁率（泡2朱）嚴(yán)現(xiàn)顯金延流爭(zhēng)量四布、照研聯(lián)究板結(jié)工論共較有永九箭條裕關(guān)擠鍵欄的燈結(jié)蘆論秤，祥其仆中艘，唉第縱四鴨條欄為戰(zhàn)少略直要跨素傅對(duì)終利豆?jié)欂M率阿和巷凈如現(xiàn)列金谷流屑量跳的魚(yú)影昏響。P紙I鎮(zhèn)M品S原研似究叮人猛員況運(yùn)效用祝多求變摧量箱回撤歸從的少方秒法化對(duì)莫2哨0僚0脫0變多角個(gè)瓦經(jīng)勢(shì)營(yíng)何單沃位徹建己立設(shè)起撲了撒上戀述摟戰(zhàn)抬略圖要癢素嚴(yán)與逝經(jīng)箏營(yíng)冬績(jī)史效伶的腦關(guān)勢(shì)系服。懇即以，瓜戰(zhàn)務(wù)略夫要栽素慎的格不桂同匪組違合繪和富變舒化拼在義8艙0味％企的膛程取度壯上第決誰(shuí)定隨了稅一小個(gè)棚經(jīng)普營(yíng)粉單頁(yè)位資的蛇成辣功根或芳失各敗蔑。Y盜（虧經(jīng)鞠營(yíng)臉業(yè)臟績(jī)弊）＝俘f游(奧戰(zhàn)并略徐要坊素溝)＝晴f棉(禍X燥1重，溫X捐2擋，膽X驅(qū)3虛，萬(wàn)X莫4豪，栽X濕5禿，紐奉X毛6召，蔥X戚7抗，狡X偏8挎，貸X牧9挑)X叢1貍：投遭資習(xí)強(qiáng)令度類(lèi)與陣R凝O珠I欄成繭反疫相染關(guān)念系濕（形圖芬8儉－恥9刪）X恨2距：勞普動(dòng)甜生描產(chǎn)扮率抖＝靈每遲個(gè)質(zhì)職巾工從平甩均恰所泰創(chuàng)稻造媽的隨附皇加燈價(jià)車(chē)值繡來(lái)頃表濕示性。燭它級(jí)與縣R境O窯I費(fèi)成蒼正觸相威關(guān)界關(guān)阿系悅。X市3妥：市丑場(chǎng)宰競(jìng)妙爭(zhēng)巧地涂位榮與貸R常O聰I蹤蝶成諸正逢相仍關(guān)銀關(guān)拼系創(chuàng)（液圖鎮(zhèn)8抵－串1拾0通及煌表晨8兼－境6嶄）X返4積：市蔥場(chǎng)無(wú)增較長(zhǎng)敏率計(jì)與婚R插O韻I鼓成優(yōu)正修相廊關(guān)完關(guān)督系X指5擇：產(chǎn)贈(zèng)品?；蛐薹v務(wù)沉質(zhì)掠量疑與字市毅場(chǎng)雨占砌有坊率此成戚正求相朵關(guān)形關(guān)命系皮，檔且悲二爪者劉與詠R澆O肆I倆成督正蓄相害關(guān)姻關(guān)贈(zèng)系逐（行8命－棉8寧）X歡6奮：革哭新惕或傘差弊異姑化劈燕。盞革送新佩與苗市紙場(chǎng)抱地烈位矩共紡?fù)鼘?duì)黨投框資爺收粗益裂率聽(tīng)成催正抱相鎮(zhèn)關(guān)亞關(guān)德系商（避表更8細(xì)－霧9芳）市；X剝7替：縱夏向液一蜻體雷化獲程商度第：紐奉一惑般始而辛言己，坦對(duì)絲式處掩于糾成逗熟霧期澇或跨穩(wěn)鐮定慎市耀場(chǎng)運(yùn)中位的訪(fǎng)經(jīng)號(hào)營(yíng)敬單椅位意，善提態(tài)高?？v終向緞一肯體趕化廢程懷度郊會(huì)買(mǎi)帶涌來(lái)栗較尺好掘的目經(jīng)具營(yíng)煩業(yè)鬼績(jī)卷。閥而西在誤迅絡(luò)速趴增培長(zhǎng)慚或移處鐵于脅衰漲退熄期炸的腰市緊場(chǎng)端條紡件籌下含，茄提誤高農(nóng)縱框向秀一娛體板化攏程漏度親對(duì)米經(jīng)愧營(yíng)駝業(yè)應(yīng)績(jī)?nèi)橛袘{不盛利喊影當(dāng)響影。X露8賠：成陶本知因加素X壯9碼：現(xiàn)遵時(shí)復(fù)的西戰(zhàn)解略渾努期力劇方唯向3乒6悟。滲12勵(lì)5投。慚9霉2議1旨。猜11雪5已。茂09巴。疑7R以O(shè)恰I屆（窩%蝕）3后6殿4上6季5渡8燈9抽.年7投炒資暢/民銷(xiāo)燈售姥額尸（趴%犁)圖侍8另－瓶9她投務(wù)資震強(qiáng)孔度央與慢投捏資建收妖益紋率春的就關(guān)撫系1逢1孩1黎12團(tuán)0揭2醫(yī)03行4R淹O繳I情（棒％搶?zhuān)┫嘟詫?duì)明市迷場(chǎng)卷占獎(jiǎng)有至率0卵1柱6逼3珍0銅4凱5姨8掩0圖鼠8誕－辣1曲0兄市澇場(chǎng)冰占造有蔑率陵與潔投飾資穩(wěn)收舊益撫率北的裳關(guān)窯系表右8詞－覽6腔市染場(chǎng)真占敘有鬼率驚與愁投屈資起強(qiáng)狡度嬌共樣同錄對(duì)響現(xiàn)杏金賺流汁量謝的秋影枕響14616201－2－5高恭6囑2歉%俊2鉤6鹿%等低低8掠0走%1勸2術(shù)0公%高相腳對(duì)庭市進(jìn)場(chǎng)明占娃有疫率投債資/附變加構(gòu)值表吉8憲－倚7館市背場(chǎng)紙?jiān)鲋甸L(zhǎng)孤率紋與籠市仿場(chǎng)彈占室有毫率幻玉共棒同教對(duì)姐現(xiàn)雅金呀流隙量脫的寸影偽響5（明星）－1－5（幼童）73－2

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