I am the original poster of the concurrency question. Here is how I solved the concurrency violation issue in my application. It may not be appropriate in other applications. But it may help other new users.
My application is for a single user. Therefore, there will never be the instance where two users will by trying to change a record in the database table at the same time. So I do not need to catch concurrency violations. The concurrency violation error was being thrown in my application when I entered data, saved the record, and then modified the record and saved it again. It was frustrating to have the program throw an error when there wasn't a situation where two users where changing the same record. I was making a modification to something that I just entered, and that is what I wanted.
Private Sub TblAssetDataBindingNavigatorSaveItem_Click(sender As Object, e As EventArgs) Handles TblAssetDataBindingNavigatorSaveItem.Click
Me.Validate()
Me.TblAssetDataBindingSource.EndEdit()
Me.TableAdapterManager.UpdateAll(Me.AssetDatabaseDataSet)
Me.TblAssetDataTableAdapter.Fill(Me.AssetDatabaseDataSet.tblAssetData)
End Sub