You can organize your apps in so called folders on your Nexus 4. For instance you can put all your games into a games folder and this is how you do it.
If for some reason your Android powered smartphone does not perform as good as it used to, or you want to sell it I suggest you to bring it to its original factory state.
At any given time you can reset your Nexus 4 smartphone to the factory default settings, meaning you will bring your phone back to the same state as it was on a day when you took it out of the box.