Do Mitosis produces four identical daughter cells from one parent cell?

No. The main function of meiOSis is to produce gametes for reproduction. The whole process passes through the called "reductionist division", that is, the first part is to duplicate chromosomes but just before the cell division (that comes after chromosome duplication in normal mitosis) there is a second division of chromosomes producing haploid cells or gametes (1n) instead two identical cells (diploid or 2n) derived from mitosis.