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There are fundamentally only two approaches: subjectivity and objectivity. Subjectivity is to believe this or that, whereas objectivity is to not believe this or that. Subjectivity thus chooses between what to believe, whereas objectivity chooses between what to not believe.
It means that subjectivity branches dichotomously infinitely into different kinds of different kinds of beliefs, whereas objectivity ends in compromise in all directions (expressed as thesis, anti-thesis and synthesis by Hegelian dialectic). In none of the approaches is there thus a single truth in sight.
However, only objectivity is consistent, ie, lacking contradiction. Subjectivity is inherently inconsistent, ie, contradictory, by that classification ends in paradox, as Russell’s paradox shows.
Our choice of approach is thus just between either to be consistent and wander forever from thesis to anti-thesis to synthesis to thesis to anti-thesis and so on (ie, to be objective), or to be contradictory (ie, to be subjective). I choose the former, whereas cladists, particle physicists and ISIS warriors choose the latter. What do you choose?
Another contribution to understanding of conceptualization http://menvall.wordpress.com/