This document discusses key aspects of human resource management, including: - Human resource planning is used to balance employee flows and prevent shortages or surpluses. It ensures a business has the right skilled workers. - The seven steps of human resource planning are: analyzing objectives, inventorying current resources, forecasting demand, estimating gaps, formulating an action plan, implementing the plan, and monitoring/providing feedback. - Recruitment finds candidates while selection picks from applicants. Sources of recruitment/selection include internal/external advertising. The selection process has five stages: criteria development, application review, interviewing, testing, and making an offer. - Placement connects selected employees to their jobs by