Most but not quite entirely true. Some apps living in /Applications provide items for the Services submenu, even when they are not running.
Apps do not use any system resources by simply appearing on the Services submenu. They have to be selected to launch, when they do use system resources.
Or more specifically, the only thing that matters is what elements of those apps (e.g. plugins, extensions) remain running while those apps are otherwise being ignored, and in this regard it doesn't really matter where they are installed.
And if an element of an app is running, it is considered "launched", even if the whole app is not running.
All due respect to Sydde, but this is not true at all. They take up disc space by virtue of being installed on the disc.
Yes, I said that they take up disc space.
However, unless they have some kind of background process or are run at startup, they are not using system resources like CPU or RAM (memory).
Yes, I said that, too, that unless you launch them, they only take up disc space.
I'll try to make it easier to understand:
If you don't have an app, or any component of the app, currently running, it will only take up disc space and will use no other system resources. The fact that the name of the app or one of its components simply appears on a Services submenu, or in a Finder display of the Applications folder, or any other menu or listing, does not mean the app, or any component is running. If the app or any of its components is running, it means that app or component has been launched.