Correct, but most businesses will just have an external display adapter/docking station.
You plug your external monitors (and devices) into the docking station; and then dock your laptop in, for nice clean desktop.
The MacBook you can do the same - especially if you get the thunderbolt based display hub.
Go to Kensington or Satcechi webpage.
Docks rely on the computer's GPU to output to 1, 2, or more monitors.
M3 MacBook Pro doesn't support more than one monitor, so the Thunderbolt dock won't do anything.
You would need to use a software-based DisplayLink dock to bypass. Nobody wants to use those.