In the face of strong competition from Amazon, Walmart's 2016 acquisition of Jet. com was driven by a strategic objective, such as _____.

A. reducing the number of industry key success factors.
B. lengthening its value chain and thereby putting it in a better position to deliver superior value to buyers.
C. expanding its geographic coverage or extending its business into new product categories.
D. facilitating its shift from a low-cost leadership strategy to a focused low-cost strategy.
E. reducing the number of strategic groups in the industry.

The correct answer is E. In the face of strong competition from Amazon, Walmart's 2016 acquisition of Jet. com was driven by a strategic objective, such as reducing the number of strategic groups in the industry..

Explanation:

Walmart's purchase of Jet.com was purely and exclusively due to market strategy issues. Given the growth of Amazon, and in view of the digitization of consumption, Walmart decided to remove a medium-sized competitor like Jet.com from the market, that is, incorporating it into its business portfolio and making it a Walmart subsidiary. In this way, Walmart can carry out direct competition with Amazon, trying to prevent it from monopolizing the retail market.