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The Peppered Moth Provides a Well-Known Example of Natural Selection

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The peppered moth provides a well-known example of natural selection. The light-colored form of the moth was predominant in England before the Industrial Revolution. In the mid-19th century, a dark-colored form appeared. The difference is produced by a dominant allele of one gene. By about 1900, approximately 90% of the moths around industrial areas were dark colored, whereas light-colored moths were still abundant elsewhere. Apparently, birds could readily find the light moths against the soot-darkened background in industrial areas and, therefore, were eating more light moths. Recently, use of cleaner fuels has greatly reduced soot in the landscape, and the dark-colored moths have been disappearing. Should the two forms of moths be considered separate species?

Understand the function and management of vendor and supplier relationships, including selection and assessment processes.
Identify and describe the four B2B markets and how transactions differ among them.
Grasp strategies for enhancing B2B customer relationships.
Recognize the importance and components of vendor analysis in maintaining quality supply chains.

Definitions:

Option Contract

A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at an agreed price within a specific time period.

Legal Obligation

A duty imposed by law that requires an individual or entity to adhere to a prescribed course of action.

About $100,000

An approximate amount of money or financial value, indicating a sum close to one hundred thousand dollars.

Closing Costs

Fees and expenses paid during the closure of a real estate transaction, generally by the buyer and seller.

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