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 Meiji Fuhanken sanchisei administration created the first prefectures to replace the provinces of Japan in 1868. Each prefecture's chief executive is a directly-elected governor (ç¥äº, chiji) . Ordinances and budgets are enacted by a unicameral assembly (è­°ä¼, gikai) whose members are elected for four-year terms.