College of Business Administration (COBA) MIS 201 Introduction to Information Systems Assignment Marks: 20% Snyders of Hanover, which sells about 80 million bags of pretzels, snack chips, and organic snack items each year had s financial department use spreadsheets and manual processes for much of its data gathering and reporting. Hanover's financia analyst would spend the entire final week of every month collecting spreadsheets from the heads of more than 50 departments worldwide. She would then consolidate and re-enter all the data into another spreadsheet, which would serve as the company's monthly profit-and-loss statement. If a department needed to update its data after submitting the spreadsheet to the main office, the analyst had to return the original spreadsheet, then wait for the department to re-submit its data before finally submitting the updated data in the consolidated document. On the one hand, assess the impact of this situation on business performance and management decision making. On the other hand, propose a problem, and discuss how your solution is effective and efficient. solution to this The purpose of this assignment is to enable students perceive the importance of IS and how IS support daily operations within organizations. It is also to help students visualize the main components of IS, its inputs, its process, and its outputs