Final answer:
The claim that a lobby is a waiting area for executives before an interview is false; instead, a lobby in a performance space serves as the main entry and access to different areas of the building.
Step-by-step explanation:
The statement about a lobby being a staging or standby area for Executives waiting for an interview is generally false. The main function of a lobby in a theater or performance space is to serve as an entryway and access point to different parts of the building, such as the ticket office, restrooms, and the auditorium itself. Executive interviews do not typically take place in such lobbies. In performance spaces, the lobby provides access to seating areas such as the main floor with seats (the stalls), and other levels like a Mezzanine and a Balcony, which are often more cost-effective seating options.