Exposition: A direct way of telling the reader/audience what's happening in the story before it starts. It sets the tone of the whole story including establishing the characters and where the story is going to take place. Think of James Bond's conversations with M at MI6. This is the exposition part of the story.
Rising Action: Because of what is established in the exposition, the characters in the story are led to do something. This part gets more suspenseful as the story progresses making the audience wonder what's going to happen next. That's why it's a "rising" action. Think of Bond's activities when he's gathering intelligence about the antagonist and surveilling him.
Climax: This is usually the most important part of the story. It's the culmination of everything that's happened in the story so far and the point where a choice or an action is made that affects every part of the story. Think of the moment when Bond meets the antagonist, or more specifically, their outright confrontation.
Falling action: This is the part of the story which shows the consequences of climax and the "fallout." Think of Bond escaping from a place that's about to go up in flames after he's beat his antagonist.
Resolution: This is the conclusion of the story that wraps everything up and fills in any details that hadn't been revealed before so that the story is fully understood. And it gives you an indication of what's to happen once the story ends too. Think of the last bit of a Bond movie when Bond gets the girl again.
Hope this helps!
