"Smart (or intelligent) switches — These are managed switches with a limited set of management features. Likewise "web-managed" switches are switches which fall in a market niche between unmanaged and managed. For a price much lower than a fully managed switch they provide a web interface (and usually no CLI access) and allow configuration of basic settings, such as VLANs, port-speed and duplex.[9]

Enterprise Managed (or fully managed) switches - These have a full set of management features, including Command Line Interface, SNMP agent, and web interface. They may have additional features to manipulate configurations, such as the ability to display, modify, backup and restore configurations. Compared with smart switches, enterprise switches have more features that can be customized or optimized, and are generally more expensive than "smart" switches. Enterprise switches are typically found in networks with larger number of switches and connections, where centralized management is a significant savings in administrative time and effort. A Stackable switch is a version of enterprise-managed switch. "

http://en.wikipedia.org/wiki/Network_switch