A family of Microsoft word processing software products for creating web, email, and print documents.
Apparently the AI bot can't read the error report... Assuming you're using a currently supported edition of macOS [Sonoma, Sequoia or Tahoe] your Office software is seriously in need of being updated. The report indicates v16.101.1 but v16.107 is the current release..Use Help> Check for Updates in order to bring Office to that level. Also, make sure your installation of macOS is fully updated. Updating may not be the cure but it's pointless to chase symptoms if the system isn't up-to-date.
If using an older edition of macOS please indicate the specific Version Number of that edition.