Concept:The sentence uses the verb "expunging" which means to delete or erase, but the context requires a word meaning to examine or investigate.
Explanation:The phrase "is expunging revenue generation" is incorrect because "expunge" means to remove completely.
The university wants to find ways to earn more money, not erase earning opportunities.
The correct word is "exploring", meaning to look into or investigate.
Thus, part (b) contains the error.
Part (a): "Looking ahead, the university" is grammatically correct and sets the future-oriented tone.
Part (c): "opportunities to add more facilities for students and staff" is also correct.
Option (d) "No error" is wrong because an error exists in (b).
Answer:(b)