The influence of the Church of Jesus Christ of Latter-day Saints, also known as the Mormon Church, extends beyond religious institutions and into the world of business. Many companies are mormon owned, and their values and principles often stem from LDS teachings. In this article, we will take a closer look at some of these companies and how their Mormon ownership shapes their operations and impact on society.
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What companies are Mormon owned?
Some of the most well-known Mormon-owned companies include Deseret Management Corporation, which owns media outlets such as Deseret News and KSL TV and radio stations, and Tahitian Noni International, a wellness product company founded by Mormon entrepreneur Kerry Asay. Additionally, Nu Skin Enterprises, a global personal care and wellness company, was founded by Mormon entrepreneurs and continues to be influenced by LDS values. These are just a few examples of the many businesses that are mormon owned and operated.
The Influence of LDS Values
One of the defining characteristics of companies that are mormon owned is the influence of LDS values on their operations. Mormon-owned businesses often prioritize honesty, integrity, and service to others. The emphasis on ethical business practices and a commitment to improving the lives of employees and customers alike is a hallmark of companies with Mormon ownership. These values are deeply rooted in the teachings of the LDS Church and play a significant role in shaping the culture and operations of these businesses.
Ethical Business Practices
Mormon-owned companies are known for their commitment to ethical business practices. The emphasis on honesty, transparency, and integrity in all dealings is a core tenet of LDS teachings, and these values are reflected in the way these businesses operate. From fair treatment of employees to honest and transparent dealings with customers and stakeholders, ethical business practices are a hallmark of companies with Mormon ownership. This commitment to doing business in a principled and ethical manner sets these companies apart in the business world.
Service-Oriented Approach
Another key aspect of businesses that are mormon owned is their service-oriented approach. The LDS Church places a strong emphasis on serving others and making a positive impact on the community. This value is often reflected in the operations of Mormon-owned companies, which frequently engage in philanthropic efforts, community service initiatives, and other forms of giving back. Whether it’s through corporate charitable giving or employee volunteer programs, these businesses are committed to making a meaningful difference in the lives of others.
Impact on Society
The influence of Mormon-owned companies extends beyond the business world and into society at large. These businesses often set a positive example for ethical and principled business practices, serving as a model for others to follow. Additionally, their philanthropic efforts and commitment to improving the communities in which they operate have a tangible impact on society, helping to address pressing social issues and improve the lives of those in need. The influence of these businesses, shaped by LDS values, is felt not only in the economic realm but also in the social and cultural fabric of our society.
Conclusion
In conclusion, the world of businesses that are mormon owned is shaped by the values and principles of the LDS Church. These businesses prioritize ethical business practices, a service-oriented approach, and making a positive impact on society. Their influence extends far beyond the bottom line, and their commitment to integrity, service, and community engagement sets them apart in the business world.
FAQs
Are all companies owned by Mormons influenced by LDS values?
While not all companies owned by Mormons may be influenced by LDS values, many such businesses prioritize ethical practices and service-oriented approaches in line with those values.
How do Mormon-owned companies contribute to society?
Mormon-owned companies often engage in philanthropic endeavors, community service initiatives, and ethical business practices that contribute to the betterment of society.
What are some other examples of Mormon-owned businesses?
In addition to the companies mentioned in this article, other examples of Mormon-owned businesses include doTERRA, a wellness and essential oils company, and SkyWest Airlines, a regional airline based in Utah.
what companies are mormon owned
Mormon-owned businesses are a significant part of the American economy, with many of them being driven by the values and principles of the Church of Jesus Christ of Latter-day Saints. These companies are often known for their commitment to integrity, honesty, and hard work, and these principles have helped shape a unique business culture within the Mormon community.
One of the most well-known Mormon-owned companies is Deseret Management Corporation, which is the holding company for the business enterprises of The Church of Jesus Christ of Latter-day Saints. They own and operate several businesses, including Deseret Book, Bonneville International, and Beneficial Life Insurance Company. These companies are known for their commitment to promoting family values and providing quality products and services to their customers.
Another prominent Mormon-owned company is Nu Skin Enterprises, a leading skincare and wellness company founded by Blake Roney, Sandy Tillotson, and Steve Lund. The company’s mission is to be a force for good in the world by empowering people to improve their lives through innovative products, rewarding business opportunities, and a dedication to giving back to the community. The company’s commitment to ethical business practices and philanthropy reflects the values of the LDS church.
LDS Business College, located in Salt Lake City, is another example of a Mormon-owned business that is deeply rooted in LDS values. The college offers associate degrees and certificates in various fields, with a focus on preparing students for meaningful careers and service in the community. The college’s commitment to education and personal development reflects the emphasis that the LDS church places on education and lifelong learning.
Mormon-owned companies are also prevalent in the food industry, with businesses like The Church of Jesus Christ of Latter-day Saints – owned Bonneville Ranch and AgReserves setting the standard for ethical and sustainable agricultural practices. These companies are known for their dedication to providing high-quality food products while also being good stewards of the environment and natural resources.
Mormon-owned businesses are also known for their commitment to giving back to the community. Many of these companies donate a percentage of their profits to charitable causes and actively support local organizations and initiatives. This philanthropic mindset is deeply ingrained in the LDS values of service and giving, and it has helped to create a culture of corporate responsibility within the Mormon business community.
Mormon-owned businesses also place a strong emphasis on family and work-life balance. Many of these companies offer flexible work schedules and family-friendly policies to support their employees in balancing their professional and personal lives. This reflects the importance that the LDS church places on family and the well-being of its members, and it has helped to create a supportive and inclusive work environment within the Mormon business community.
In conclusion, the world of Mormon-owned companies is characterized by a commitment to ethical business practices, a dedication to serving the community, and a strong emphasis on family and personal well-being. These businesses are driven by the values and principles of the LDS church, and they have helped shape a unique and thriving business culture within the Mormon community. what companies are mormon owned