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.
The West's use of prefecture to label these Japanese regions stems from 16th-century Portuguese explorers' and traders' use of  prefeitura  to describe the fiefdoms they encountered there. Its original sense in Portuguese, however, was closer to  municipality  than  province .