Concept:
According to IUPAC, a transition element is an element that has a partially filled d-subshell in its atom or in one of its common oxidation states.
The presence of partially filled d-orbitals gives rise to many characteristic properties such as variable oxidation states, colored compounds, and magnetic behavior.
Step 1: Examine Zinc.
Electronic configuration of zinc:
\[
Zn=[Ar]\,3d^{10}4s^2
\]
The \(3d\)-subshell is completely filled.
For the common ion:
\[
Zn^{2+}=[Ar]\,3d^{10}
\]
The d-orbitals remain completely filled.
Hence zinc does not satisfy the transition element definition.
Step 2: Examine Zirconium.
Electronic configuration:
\[
Zr=[Kr]\,4d^25s^2
\]
The d-subshell is partially filled.
Therefore zirconium fulfills the criterion of a transition element.
Step 3: Select the correct reason.
Transition elements contain partially filled d-orbitals.
Zinc possesses completely filled d-orbitals.
Therefore,
\[
\boxed{\text{Option (2)}}
\]
is correct.