Relevant Range of Operations. The relevant range of operations is the normal or average scope of business activities. In the other words, the relevant range of operations is the average volume of sales and production that a business experiences outside of extreme economic prosperity and depression.
Definition of prefecture. 1  1 : the office or term of office of a prefect. 2  2 : the official residence of a prefect. 3  3 : the district governed by a prefect.
(mÄ­-trÅpâ²É-lÄ­s) n. 1. A major city, especially the chief city of a country or region: Chicago, the metropolis of the Midwest. 2. A city or an urban area regarded as the center of a specific activity: a great cultural metropolis. 3. Ecclesiastical The chief see of a metropolitan bishop.