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In "The 7 Habits of Highly Effective People," Stephen Covey teaches the Four Quadrants Weekly Plan for effective time management. By asking if tasks are important and urgent, you can prioritize effectively. This aligns with habit number three, "Put First Things First." Critical tasks like exams, meetings, emergencies, and deadlines fall into the important and urgent quadrant. However, tasks that are neither important nor urgent can be delegated or postponed to reduce stress. Prioritizing tasks based on importance and urgency can lead to more efficient time management and reduced stress levels.