"The difference between L2 managed, L3 lite, L3 RIP, and L3 advanced is the level of routing they provide (amongst other things):
•L2 - no routing
•L3 lite - L2 features + static routing, usually limited ACL functionality
•L3 RIP - L3 lite + RIP dynamic routing; OK for small environments, but OSPF is a much more flexible and high-performing routing protocol
•L3 advanced - L3 RIP + OSPF & other dynamic routing protocols and many advanced features"
•L2 - no routing
•L3 lite - L2 features + static routing, usually limited ACL functionality
•L3 RIP - L3 lite + RIP dynamic routing; OK for small environments, but OSPF is a much more flexible and high-performing routing protocol
•L3 advanced - L3 RIP + OSPF & other dynamic routing protocols and many advanced features"