William Labov's model identifies six key components of a well-formed narrative: Abstract: A summary of the narrative's purpose or content. Orientation: Information about the setting, characters, and context. Complicating Action: The core events or conflicts that drive the narrative forward. Evaluation: The narrator's commentary on the significance of the events. Resolution: The outcome or conclusion of the complicating action. Coda: A closing statement that brings the narrative back to the present or reflects on its implications. Labov’s model helps discourse analysts understand how narratives are structured to convey meaning and influence the audience's interpretation.