Mac Word won't open

Process: Microsoft Word [736]
Path: /Applications/Microsoft Word.app/Contents/MacOS/Microsoft Word
Identifier: com.microsoft.Word
Version: ??? (???)
Build Info: Unknown-100205~0
Code Type: X86 (Native)
Parent Process: launchd [76]

Date/Time: 2010-08-31 13:28:57.976 +0100
OS Version: Mac OS X 10.6.4 (10F569)
Report Version: 6

Interval Since Last Report: 3203 sec
Crashes Since Last Report: 16
Per-App Crashes Since Last Report: 16
Anonymous UUID: 7D68E204-FEA6-401D-BC09-D2A8AB030CC4

Exception Type: EXC_BREAKPOINT (SIGTRAP)
Exception Codes: 0x0000000000000002, 0x0000000000000000
Crashed Thread: 0

Dyld Error Message:
Library not loaded: @executable_path/../Frameworks/MicrosoftComponentPlugin.framework/Versions/12/MicrosoftComponentPlugin
Referenced from: /Applications/Microsoft Word.app/Contents/MacOS/Microsoft Word
Reason: image not found

Model: MacBookPro7,1, BootROM MBP71.0039.B05, 2 processors, Intel Core 2 Duo, 2.4 GHz, 4 GB, SMC 1.62f6
Graphics: NVIDIA GeForce 320M, NVIDIA GeForce 320M, PCI, 256 MB
Memory Module: global_name
AirPort: spairport_wireless_card_type_airport_extreme (0x14E4, 0x8D), Broadcom BCM43xx 1.0 (5.10.131.16.1)
Bluetooth: Version 2.3.3f8, 2 service, 12 devices, 1 incoming serial ports
Network Service: Ethernet, Ethernet, en0
Serial ATA Device: Hitachi HTS545025B9SA02, 232.89 GB
Serial ATA Device: MATSHITADVD-R UJ-898
USB Device: Internal Memory Card Reader, 0x05ac (Apple Inc.), 0x8403, 0x26100000
USB Device: CLP-310 Series, 0x04e8 (Samsung Electronics Co., Ltd.), 0x328e, 0x24100000
USB Device: Built-in iSight, 0x05ac (Apple Inc.), 0x8507, 0x24600000
USB Device: BRCM2046 Hub, 0x0a5c (Broadcom Corp.), 0x4500, 0x06600000
USB Device: Bluetooth USB Host Controller, 0x05ac (Apple Inc.), 0x8213, 0x06610000
USB Device: IR Receiver, 0x05ac (Apple Inc.), 0x8242, 0x06500000
USB Device: Apple Internal Keyboard / Trackpad, 0x05ac (Apple Inc.), 0x0237, 0x06300000

THIS IS WHAT IT SAYS, I HAVE NO IDEA WHAT TO DO. DO I UNINSTALL IT AND THEN REINSTALL IT? OR IS THERE A WAY TO FIX IT WITHOUT DOING THAT​

Try uninstalling and do a reinstall. Make sure you use the uninstaller provided with Office 2008. Is Word the only application you're installing from the Office suite or have you tried to install Excel, Powerpoint, and so on?

Has Word worked previously on Snow Leopard as if it is a new install you need to have Rosetta installed to enable the application to be run?