The answer correctly states that an organism's genotype refers to its allele pairs, which are the different forms of a gene. These allele pairs determine the genetic makeup of an organism. On the other hand, an organism's phenotype refers to its outward and observable characteristics, such as its physical appearance, behavior, and other traits. The genotype influences the phenotype, as the specific combination of alleles determines how the genes are expressed and manifest in the organism's observable traits.