If a company has developed technical capabilities, how could this be classified in SWOT analysis?

In SWOT analysis, internal strengths refer to the positive attributes and resources that a company possesses which can give it a competitive advantage in the market. When a company develops technical capabilities, it enhances its ability to deliver products or services efficiently and effectively, which serves as an asset for the organization. Such capabilities can lead to improved operational efficiency, innovation, and customer satisfaction, thus falling squarely into the category of internal strengths.

In contrast, external threats and opportunities relate to factors outside the company's control that may impact its performance, such as market trends or economic conditions. Internal weaknesses would indicate areas where the company lacks competence or resources, which does not apply when discussing the company’s developed technical capabilities. Therefore, classifying these technical capabilities as an internal strength accurately reflects their role in enhancing the company's potential and competitive edge.