Relativism, as a philosophical stance, posits that a single "point of view" does not possess any absolute truth but possesses only a relative and subjective truth in relation to other points of view (made up of perceptions and considerations). Amongst the many types of relativism found in philosophy, the most common is "truth" relativism that holds that truth is always relative to a particular frame of reference such as culture or language.
For instance, gender roles vary from one culture to the next. In some cultures women are allowed to compete with men in the workplace and other cultures hold that women should remain in the home and be completely subservient to males. Each of these points of view are considered "correct" within their own cultural bailiwick, even though these opinions are diametrically opposed to one another.