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Stephen Covey's seven Habits of Highly Effective People include a powerful time management technique known as the four quadrants weekly plan. This method helps prioritize tasks on a weekly basis by asking two key questions - is the task important and is it urgent? This relates to habit number three, "put first things first." Tasks like exams, business meetings, crises, and emergencies fall into the important and urgent quadrant, requiring immediate attention. Spending too much time in this quadrant leads to stress. Tasks that are urgent but not important, such as missed meetings or non-urgent requests, should be handled efficiently.