Are there any potential pitfalls or errors that could occur when using the provided PHP code for generating dropdown options?
One potential pitfall in the provided PHP code for generating dropdown options is the lack of proper escaping for the option values. If the $options array contains user input or data from an untrusted source, it could lead to a Cross-Site Scripting (XSS) vulnerability. To solve this issue, we should use htmlspecialchars() function to escape the option values before outputting them in the HTML.
// Escaping option values to prevent XSS vulnerability
foreach ($options as $value => $label) {
echo '<option value="' . htmlspecialchars($value) . '">' . htmlspecialchars($label) . '</option>';
}