Mitosis allows for growth, repair, and asexual reproduction in organisms. It is the process by which a cell divides its nucleus to form two daughter cells with identical genetic material. Mitosis consists of prophase, metaphase, anaphase, and telophase, where the chromosomes condense and separate. Cytokinesis then divides the cytoplasm to complete cell division. Uncontrolled mitosis can lead to tumor growth and cancer development.