What distinguishes a managed switch from an unmanaged switch in a network environment?

Managed switches are exclusively used in SOHO networks, whereas unmanaged switches are used in corporate networks.

A managed switch cannot be added to the network without extensive configuration, while an unmanaged switch can operate without any configuration.

An unmanaged switch supports high$-$speed backplanes and expandable capacity, while a managed switch does not.

A managed switch allows for configuration of its settings, whereas an unmanaged switch operates with fixed settings and cannot be configured.