What does mutually exclusive investments mean?

What does mutually exclusive investments mean?
A: Choose only the best investments
B: Selecting one precludes another
C: All investment opportunities chosen
D: No investment options available

Mutually exclusive investments mean selecting one precludes another. This question tests knowledge of financial decision-making in general knowledge exams. Its role in strategy is a significant topic. Update (as of 2025-09-05)