SOAP is known as a transport-independent messaging protocol. SOAP is based on transferring XML data as SOAP Messages. Each message has something which is known as an XML document. Only the structure of the XML document follows a specific pattern, but not the content. The best part of Web services and SOAP is that its all sent via HTTP, which is the standard web protocol.
Now we discussed in the previous topic about WSDL and how it contains information on what the Web service actually does. But how can a client application locate a WSDL file to understand the various operations offered by a web service? So UDDI is the answer to this and provides a repository on which WSDL files can be hosted. So the client application will have complete access to the UDDI, which acts as a database containing all the WSDL files.
Exposing Business Functionality on the network - A web service is a unit of managed code that provides some sort of functionality to client applications or end users. This functionality can be invoked over the HTTP protocol which means that it can also be invoked over the internet. Nowadays all applications are on the internet which makes the purpose of Web services more useful. That means the web service can be anywhere on the internet and provide the necessary functionality as required.
Every website on the internet has a unique IP address assigned to it, made up of a series of numbers. These numbers tell the domain name system (DNS) to locate the corresponding website. As we are humans and not computers, IP addresses are difficult to remember and so words are used instead. These words are known as the domain or URL. The DNS looks at the domain name and translates it into an IP address.
"All the standard Web Services works using following components:" ... the problem with this answer is that it suggests that web services do or must operate within the SOAP/WSDL mechanism. This is inaccurate. Representational State Transfer (REST) is another very popular paradigm for implementing web services. Some major websites have deprecated their SOAP services in favor of REST web services. – scottb Jul 7 '15 at 15:50