In 2016, Walmart expanded its presence into e-commerce via a horizontal acquisition of Jet.com. This acquisition was driven by which strategic objective? Multiple Choice Reducing the number of industry key success factors. Expanding its geographic coverage or extending its business into new product categories. Reducing the number of strategic groups in the industry. Facilitating its shift from a low-cost leadership strategy to a focused low-cost strategy. Lengthening its value chain and thereby putting it in a better position to deliver superior value to buyers