Ac is correct.
again it seems people familiar with neither product are chipping in.
Unless your company is unbelievably cheap and you get online only stuff you get the full office 2016 suite. "proper apps".
You get word, outlook, excel etc etc all fully installed locally on your machine.
Unless you've only got the (much cheaper) "essentials" licence. That's not a failing of o365, it's you/your company not realising you need the more expensive licence. (business prem).