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In the seven Habits of Highly Effective People, Stephen Covey discusses the four quadrants weekly plan to manage tasks on a weekly basis, focusing on importance and urgency. Habit number three, "Put First Things First," emphasizes prioritizing tasks like exams, meetings, emergencies, and deadlines. Urgent and important tasks require immediate action to avoid stress. Identifying tasks as important but not urgent or urgent but not important helps prioritize and manage time effectively. It is essential to distinguish between what truly matters and what can be delegated or postponed.