Final answer:
Hesiod was a contemporaneous poet with Homer and wrote during ancient Greece; he was familiar with Homer's epic poems 'The Iliad' and 'The Odyssey', which reflected the Greek virtue of arete.
Step-by-step explanation:
Hesiod wrote poetry in ancient Greece during the same time period as Homer, and was familiar with Homer's works. Hesiod and Homer were both seminal figures in early Greek literature, with Hesiod's most famous works being 'Theogony' and 'Works and Days'. While the exact nature of their relationship is not known, it is clear that Hesiod was aware of and influenced by Homer's epics 'The Iliad' and 'The Odyssey', which were renowned for their exploration of arete, a virtue signifying excellence and moral character in ancient Greece.