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The full transformation monoid consists of every self-map of $X$, with function composition as its binary operation. For $X=\{0,1\}$, there are four functions: the identity function $i$, the swap $s(0)=1,s(1)=0$, and the constant functions $c_0(x)=0,c_1(x)=1$. Their composition order matters: $c_0\circ s=c_0$, whereas $s\circ c_0=c_1$. Thus associativity does not imply commutativity.

Only $i$ and $s$ are bijections, and their inverse elements are themselves. They form a two-element group within this monoid. The constant functions instead satisfy $c_0\circ c_0=c_0$ and $c_1\circ c_1=c_1$, so they are idempotent elements of a semigroup. Such irreversible transformations explain why the monoid setting is useful even when a group would be too restrictive.

An inverse element of $a$ in a monoid is an element $b$ satisfying $a\ast b=b\ast a=e$, where $e$ is the identity element. Its notation is $a^{-1}$. Some elements of a monoid can lack an inverse element; a group requires one for every element. Associativity makes a two-sided inverse element unique: if $b,c$ both invert $a$, then $b=b\ast (a\ast c)=(b\ast a)\ast c=c$.

For the full transformation monoid, a self-map has an inverse element exactly when it is a bijection; that element is its inverse function. On $\{0,1\}$, the swap $s(0)=1,s(1)=0$ is its own inverse element, while a constant function has none because it merges the two inputs.

A monoid is a semigroup with a two-sided identity element $e$: $e\ast a=a\ast e=a$ for every element $a$. Associativity handles the grouping of a nonempty sequence; the identity element also supplies the result for an empty sequence. This makes the same rules apply to combining zero, one, or many contributions. ^[ref].

The nonnegative integers $\{0,1,2,\dots \}$ with addition form a commutative monoid, with identity element zero. They do not form a group: a positive integer has no additive inverse in that set. All words over an alphabet with concatenation form a free monoid, whose identity element is the empty word. The full transformation monoid consists of all self-maps of a set, with function composition and the identity function.

These examples explain why monoids are useful: accumulation needs an operation and a starting value, but it need not be reversible. Adding counts, joining strings, and composing transformations all share the same grouping and identity laws. Requiring every element to have an inverse element gives a group, a stronger structure suitable for reversible operations.

A self-map is a function whose domain of a function and codomain are the same set. It need not be a bijection: a constant function on a two-element set is a self-map that merges its inputs. Self-maps can always be composed with one another, and all self-maps of a specified set form its full transformation monoid.