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.
2. of or pertaining to the provinces. 3. rustic, narrow, or illiberal; unsophisticated; parochial. 4. (often cap.) of or pertaining to styles of furniture, architecture, etc., developed in the provinces, esp. when based on styles originating in or around the capital: Italian provincial.