Dear Ramya/Archana,
Sometime back a very good PPT was posted on this site itself about the recruitment cycle so you can serach for the same.To tell you on brief, the recruitmnent cycle consists of the following :-
„« Identification of the opening by manpower planning
„« Creating a JD of this opening
„« Using this JD to tap the various recources like the Jobsites,consultants,advt,internal references etc.
„« Screening the profiles received from this sources
„« Shortlisting and interviewing the identified candidates
„« Identifying the best fit
„« Offering this candidate
„« Induction
The above mentioned sequence has been put in the most simple manner for you to understand it very clearly.
Hope it answers your question