Black box testing is a software testing method that evaluates an application's functionality without knowledge of its internal workings, allowing testers to assess the software from an end-user perspective. Techniques used in black box testing include boundary value analysis, equivalence class partitioning, decision table testing, and state transition testing. While it has advantages such as efficiency and accessibility for non-technical testers, it also has limitations including an inability to identify the causes of failures and potential gaps in test coverage.