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.
n. 1  1. A territory governed as an administrative or political unit of a country or empire. 2  2. Ecclesiastical A division of territory under the jurisdiction of a metropolitan. 3  3. provinces Areas of a country situated away from the capital or population center.