Correct option is B
B. Assessing manpower requirements: The first step is to assess the need for manpower to ensure you have the right number of employees.
C. Recruitment, selection, and training: After assessing needs, recruit and select candidates, then train them as required.
A. Placement of manpower: Once employees are recruited and trained, they are placed in the appropriate positions.
E. Development, promotion, transfer, and appraisal: After placement, the employees’ growth and performance are managed through development, promotions, and appraisals.
D. Determination of employees' remuneration: Finally, after the other steps, the employees' remuneration (salary and benefits) is decided.