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An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [ 1 ] [ 2 ] [ 3 ] Similar to in-person auctions, online auctions come in a variety of types , with different bidding and selling rules.
However, online auction sites, unlike live auctions, usually have an automatic bidding system which allows a bidder to enter their maximum acceptable bid. This is a hidden or proxy bid, known to the system, but not any other bidders; during the auction the actual bid is incremented only enough to beat the existing highest bid. For example, if ...
Bauer developed and patented a standardized shuttlecock in 1934. [5] The Bauer Shuttlecock popularized badminton in the United States. While operating this first store, Bauer developed his creed, "To give you such outstanding quality, value, service and guarantee that we may be worthy of your high esteem", still used by the modern company. [6] [7]
Bauer Kompressoren is a company that produces compressors for air and other gasses. The company was formed in 1946 in Munich and exports 90% of their products. [1] [2]Its products include compressors which fill breathing air cylinders and are used by fire fighters and divers, [3] air/gas processing and measurement products, natural gas and biogas filling stations and internal gas pressure ...
The company founder, Martin Bauer (1902–1998) [4] had an interest in collecting wild herbs. During the 1920s, he started to sell various herbs to pharmacies, drug stores, food stores, and hospitals. In 1930, he founded his company in his home village Vestenbergsgreuth in Middle Franconia. He named the business after himself. [3] [5] [4]
Two years later, Thomas Bauer – who had been part of the company since 1984 – became the sole managing director. Under his leadership, the internationalization of the BAUER Group in the machinery manufacturing and specialist foundation engineering sectors took place. In 1990, BAUER und MOURIK Umwelttechnik GmbH & Co. was founded.
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