Final answer:
The tool that facilitates gathering, classifying, storing, retrieving, and reporting data is Management Information Systems (MIS), which is essential in managing information in the current age.
Step-by-step explanation:
The tool that provides a means for gathering, classifying, storing, retrieving, and reporting relevant data is E) Management Information Systems (MIS). MIS is designed to help manage a company's data and make informed decisions. Considering the impact of new information technologies such as the Internet, GPS, and GIS, together with data streams for various applications like farming or healthcare, underscores the integral role of MIS. Through MIS, businesses and other organizations can handle the information overload present in today's Information Age, where information is the most important commodity in a postindustrial society.