Answer:
The answer is stated below:
Step-by-step explanation:
Tiered Service System is a customer service system, in which the customers are given different choices or the alternatives in accordance to their spending
This type of system state that the more the money spent by customers, more the quality of service or product they get.
This system could be very attractive and will also help the firm in order to attract more customers as possible from the present market but also have negative effects on the customer and makes the goodwill of the firm as all the other firms in the market.
But if the system is not followed, it will help in improving the goodwill of the firm in the market. In short, it means when we will give only one kind of service or product to the customers and all the consumers will get same quality, and feel worth of their spending.