Is there a way of ordering the applications alphabetically? Can I order the apps alphabetically or group them into folders?

Or maybe there's a better way of managing with an ever increasing number of installed apps?
Can I order the apps alphabetically 


The app drawer already does this for you.


  or group them into folders?


Long press on the home screen.  Click folders.  Click New folder.  Click on the folder to open it.  Click on the "Folder" at the top to rename it.  Drag and drop apps into the folder from the app drawer to place them into the folder.


  Or maybe there's a better way of managing with an ever increasing number of installed apps?


I can also recommend Apps Organizer.