Citibank is committed to education programs serving children from K-12 and typically funds between $10 and $15 million annually through grants. The firm is dedicated to being a socially responsible firm through these initiatives as well as others. However, Citibank was recently fined $358 million dollars by the Commodity Futures Trading Commission for the "attempted manipulation of, and for aiding and abetting other banks' attempts to manipulate, global foreign exchange benchmark rates to benefit the positions of certain traders." Therefore, Citibank has shown a fulfillment of its _____ responsibility but has violated the _______ dimension of corporate social responsibility.

Citibank is committed to education programs serving children from K-12 and typically funds between $10 and $15 million annually through grants. The firm is dedicated to being a socially responsible firm through these initiatives as well as others. However, Citibank was recently fined $358 million dollars by the Commodity Futures Trading Commission for the "attempted manipulation of, and for aiding and abetting other banks' attempts to manipulate, global foreign exchange benchmark rates to benefit the positions of certain traders." Therefore, Citibank has shown a fulfillment of its _____ responsibility but has violated the _______ dimension of corporate social responsibility.

Citibank is committed to education programs serving children from K-12 and typically funds between $10 and $15 million annually through grants. The firm is dedicated to being a socially responsible firm through these initiatives as well as others. However, Citibank was recently fined $358 million dollars by the Commodity Futures Trading Commission for the "attempted manipulation of, and for aiding and abetting other banks' attempts to manipulate, global foreign exchange benchmark rates to benefit the positions of certain traders." Therefore, Citibank has shown a fulfillment of its _____ responsibility but has violated the _______ dimension of corporate social responsibility.


a. philanthropic; legal

b. philanthropic; ethical

c. philanthropic; economic

d. philanthropic; competitive


Answer: a. philanthropic; legal


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