The document discusses the advantages and disadvantages of N-tier architecture. The key advantages are scalability, security, maintainability, reusability, extensibility, and fault tolerance. Scalability allows individual tiers to scale independently. Security places more secure tiers behind firewalls. Maintainability allows individual tiers to upgrade without affecting others. Reusability makes components reusable across applications. Extensibility easily allows adding new features. Fault tolerance keeps applications running if servers fail. However, performance may be slower if hardware and bandwidth are insufficient, and it has higher costs for more required hardware and maintenance.